I sold out around 800 back in November and set an auto buy at around 500, which just got filled. So I guess I should be happy with the profit. Hurrah for me 
Anyone have a clue about why the price just collapsed (again)? Quite slide from 3000.
Account bts-qq123-bts just claimed over 56 million BTS from balances an hour ago and is selling it through Blocktrades.
That must be Dan's first Chinese backer of Innvictus. I forget his name.
Or somebody needing to cover big losses on the Shanghai exchange with the two limit downs this week.
Well, I try to avoid generally commenting on market activity, since we operate as a market maker, but it looks to me more like the account you mentioned was "reacting" to the price drop rather than causing it. But your idea about the drops in Shanghai exchange being the ultimate cause could be correct; it might be someone needed to cover a margin call on Shanghai exchange by selling on poloniex to get funds. However, I always assumed most chinese traders would be trading on chinese exchanges instead of poloniex, but I suppose that's not universally true of course.
Looks like the dumps on Polo is after the whale transferred BTS to blocktrades.
Looking at Polo's price history chart, the first dump happened at 03:20 - 03:25 GMT, with volume of 1.5M BTS.
The largest volume (5.5M BTS) of dump happened at 3:35-3:40 GMT
Screenshort here:
https://drive.google.com/open?id=0B3xrm70jSHn4dFZSOXFvU3lSVDgLooking at bts-qq123-bts's account history, 2M BTS transferred to blocktrades before 3:20 GMT, Another 10M BTS transferred to blocktrades before 3:35 GMT.
2016-01-07T06:59:03 Transfer 200000 BTS from bts-qq123-bts to blocktrades -- Unlock wallet to see memo. (Fee: 32.42187 BTS)
2016-01-07T03:36:12 Transfer 100000 BTS from bts-qq123-bts to blocktrades -- Unlock wallet to see memo. (Fee: 32.42187 BTS)
2016-01-07T03:34:42 Transfer 500000 BTS from bts-qq123-bts to blocktrades -- Unlock wallet to see memo. (Fee: 32.42187 BTS)
2016-01-07T03:33:12 Transfer 1000000 BTS from bts-qq123-bts to blocktrades -- Unlock wallet to see memo. (Fee: 32.42187 BTS)
2016-01-07T03:31:39 Transfer 1000000 BTS from bts-qq123-bts to blocktrades -- Unlock wallet to see memo. (Fee: 32.42187 BTS)
2016-01-07T03:30:03 Transfer 2000000 BTS from bts-qq123-bts to blocktrades -- Unlock wallet to see memo. (Fee: 32.42187 BTS)
2016-01-07T03:28:42 Transfer 2000000 BTS from bts-qq123-bts to blocktrades -- Unlock wallet to see memo. (Fee: 32.42187 BTS)
2016-01-07T03:26:51 Transfer 3000000 BTS from bts-qq123-bts to blocktrades -- Unlock wallet to see memo. (Fee: 32.42187 BTS)
2016-01-07T03:24:48 Transfer 3000000 BTS from bts-qq123-bts to blocktrades -- Unlock wallet to see memo. (Fee: 32.42187 BTS)
2016-01-07T03:15:36 Transfer 1000000 BTS from bts-qq123-bts to blocktrades -- Unlock wallet to see memo. (Fee: 32.42187 BTS)
2016-01-07T03:12:36 Transfer 1000000 BTS from bts-qq123-bts to blocktrades -- Unlock wallet to see memo. (Fee: 32.42187 BTS)
2016-01-07T03:10:33 Transfer 200000 BTS from bts-qq123-bts to blocktrades -- Unlock wallet to see memo. (Fee: 32.42187 BTS)
2016-01-07T02:58:54 Transfer 100000 BTS from bts-qq123-bts to blocktrades -- Unlock wallet to see memo. (Fee: 32.42187 BTS)
2016-01-07T02:56:06 Transfer 1000 BTS from bts-qq123-bts to blocktrades -- Unlock wallet to see memo. (Fee: 32.42187 BTS)
2016-01-07T02:41:18 balance_claim_operation bts-qq123-bts fee: 0 BTS
2016-01-07T02:41:18 balance_claim_operation bts-qq123-bts fee: 0 BTS
@dannotestein ?