"But the past few days again has seen "managed" liquidation of tens of millions of shares,..."

So you think that is something new?

Look, there have low volume days and large volume days in the last couple of months.  The trend, however, seems to show a slowing in the selling ever more treasury shares.  Pending favorable news, that has to be a good thing, does it not?  In fact, that's what being rangebound reflects.