This is a huge but dump on the Chinese exchanges
I'll offer a simple analogy why it unexpectedly happened. Imagine Antshares was Ethereum. Ethereum traded high on the first few minutes of market opening and then dumped almost close to ICO price levels. Why? Dumb money wanted to get out after waiting for months, having their BTC stuck in ETH ICO. And then after several weeks, the price rose and never came back.
In our case (second ICO buyers), we essentially bore the cost of providing funding for Onchain's development efforts. If there were no second ICO at all, we would have bought Antshares at these price levels upon hearing the Alibaba news.
If Ethereum held a second ICO before network launch, we would have bought around 0.003btc which would have provided the ETH foundation with additional funding (better sound financial planning IMO) and bore the price crash to 0.0015btc, instantly losing 50% value of our investment. ICO buyers who bought around 0.00074794, some of them would want to cash out.
Anyway, 0.0015btc was the lowest price and then ETH went high as 0.034btc (22x).
Maybe Antshares can go as high as 0.00306394BTC (12.98CNY) from this point forward using the rough analogy above.