My guess is that it is Ya's convertions that are still being...

My guess is that it is Ya's convertions that are still being cycled through. If so, they at least are being offloaded in a controlled manner. I think this is also why we are seeing floors at .185 or so. They still want some interested collected. There may well be the rest of the conversion coming soon also.

Having said that, I would have expected this done via bots on the VWAP, rather than in dumps.

Leaves the possibility of short players still in the game, though definitely not on the scale we saw with Opes(spit/curse). This is further supported by the heavy capping (just do some maths and run some stats to see what the average bid is at each level on the buy and sell queues).

It's not a stampede though, so it's good. Sellers not panicing, and buyers patiently accumilating (I think... history has shown I know nothing)...