Yesterday more or less all those bids were "real". I bet that one entity is playing on both sides of the order book.
The bids that were left were real. The guy was beefing the books up way further back so there was 16k ish showing back 30 bucks. When the price moved into the mid 270's they were pulled leaving around 9k back 30 bucks. He's likely pushing the market up into his shorts, removing his bids and tearing through whats left.
Price manipulation at its finest. This kind of shit will continue whilst literally nothing positive or negative is happening in the world of bitcoin. It's too easy for whales to pull these kind of stunts whilst there are no obstacles in their way.
The only way it'll stop is if/when we get loads of new money being pumped in. Whilst the price action is akin to tumbleweed blowing around a deserted town these big rollers can play the market like a toy.
Hahah, people are calling the price manipulated since the very first bitcoin exchange...
It's not more manipulated then any other Market on this world... It's pure speculation going on..