is anyone nervous about the low bid depth? a sell off of 600 coins would take us back to 254...
the other side of this is why would anybody sell off if they would get a lower price, should just wait for more bid depth.
Bid depth is always low when you move up this rapidly.. Most people would just put up a sell wall to get max bang for their buck rather than sell into mass slippage. Unless, of course, they thought it was a race to dump (peak of a bubble).
We already saw mass slippage to market sells earlier today.