Yes, I know of such history. So do Koreans buy using KRW? And can we see that on Upbit?
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Well, the HIVE/KRW pair is the most active for HIVE from the ones tracked by CMC. We don't need to see that on Upbit. Of course, there can be wash trading, to increase the volume, but they certainly have a lot of HIVE on Upbit, so could be real trading.
I have heard of such pumps 3 to 5x in my over two years on Hive. Time will come I can take advantage of it.
There was a time when they were very frequent. Not as frequent anymore, but maybe they prefer to do them only in the bull market, and they are just warming up during this cycle (it wasn't the first one this cycle, of course).