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RE: Korean Pump Alert

in LeoFinance • last year

It is interesting how you monitor this.

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         last year 

        Well, I have hivedex.io open at all times, but I only get to that tab every once in a while. And if HIVE pumps unexpectedly (usually when the general market is sideways or slightly in the red) and I notice it, I do check the volume on Upbit, because there is a history of pumping the price via that exchange even from the time of the legacy chain.

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               last year 

              Yes, I know of such history. So do Koreans buy using KRW? And can we see that on Upbit?

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                     last year 

                    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.

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                           last year 

                          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.

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                                 last year 

                                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).

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