As noted in my previous post, almost 12 million Plex were bought out of the market at the lowest prices back in Nov.2018. This, along with the usual seasonal shortage of Plex, likely triggered the escalating price bubble in Plex.
However, unless that Plex was used to acquire 24,000 months of Omega time (or over 100,000 Skill Extractors), it is still waiting around to generate profit. As is much of the millions of Plex traded since the bubble began.
Adam4Eve : Plex Market Details
As can be seen, Plex has dropped almost 200,000 ISK, or nearly 5%, over the past 3 days. Sell volume has gone up, Buy volume down. People hanging onto Plex have already missed their chance to sell at peak prices.
We’ll see how this affects the ongoing market.