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Don't read too much into this. Last night they raised it to 25,000 in the middle of the night, and dropped it back during the day (and there again, they erased this fact from the site, so you probably didn't see it).

Also remember, the cap was originally L$300,000, so we're talking, in real dollars, about it being dropped from $1100 USD to $19 USD, and now being back up to $38 USD, so I'm not sold on the idea that this demonstrates the downswing is over, though I suppose we'll see tomorrow.

The total deposited (which I now believe has little if any correlation to Ginko's actual assets, but is useful for tracking withdrawals) has been steadily dropping all night, from 193,343,850 at 9:30 SLT, to 193,048,699 at 1:30 AM SLT. The withdrawals amount to around L$ 500,000 over four hours, but somebody increased it by 200k in what looks like one transaction around 10:30 SLT. I'm guessing that was another short term secured loan (for a much smaller amount than before) that has been artificially reported as a "deposit," but I don't really know; maybe somebody felt like depositing US $700 tonight. You think so?