Dude, the Korean market has always been the ones who have held up the Hive price. All of the 'pumps' Hive has is usually them. It's almost like clockwork when they do their buying too.
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The big question is why? Why do those Koreans spend millions propping up Hive they can’t withdraw…
Really weird
They have been doing it since the Steem days. They use it to power up vote for each other to get more rewards out of the system.
Also there are people who don't withdraw for fiat, like myself. I swap HIVE for other cryptocurrencies like USDT, LTC, and Monero.