background for "increasing in HBD savings": attractive interest rate
background for "huge amount of power down": as always, people need money or aren't patient enough to hodl and wait for a higher price
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RE: Hive Financial Statistics – 2021.11.01
I understand both the first and the second too. I just do not understand the reason behind the huge negative difference between the power ups and the power downs recently. For example the difference was positive in 2021 September.
There has been a bit HIVE pump at the beginning of October. Many started to powerdown to take profit.