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RE: Lightning Strikes Twice: Upbit Triggers a 45-Million Hive Mega-Pump

thanks for doing some investigation! I have myself digged into the Upbit "cartel" as well. For instance, I would really like to know why they always do this at 00:00 UTC. Also, the pumps always end up dumping (below the initial price entry point). Is this a big scheme from whales trying to just make money off of this? Is there a bigger development behind the scenes? Unfortunately, I don't think this signals genuine interest in Hive. However, previous macro trend changes have always started with these kind of volume candles.

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