As was the history for the whole of 2016 so far when it was written 2 days ago. Actually, my statement was deliberately conservative - it was quite frequently 7>15>20 ticks on occasion. I also said "On close watch going forward" - as opposed to anything more positive in the immediate future at that point.

In addition, since then, there has been a complex mix of panic selling by people just because it went down a few ticks, people flipping relative large amounts in Ms for just 1 or 2 ticks (instead of getting 250K>1M and holding it for 20>40-ticks over weeks / months like most people used to AMLH did for the last several runs) and a huge after hours trade of 41M at .0011 on August 25.

That changes the situation somewhat and it should have been clear to anyone watching that all bets are off until it is clear how it bottoms out and what the significant factors are at that time in terms of what volume has been picked up at each price point.