You are viewing a single comment's thread from:RE: Weekly report: How much HIVE is stored on the exchanges? - July 9, 2020View the full contextmarkkujantunen (76)in Hive Statistics • 4 years ago Any theories as to why the total amount is increasing?
More hive is being sold than powered up.
Or put on the market anyway. Perhaps traders are expecting a pump.
I think more sellers / profit takers.
Probably. If Bitcoin is going to fall to the support of the multi-year triangle in which it is trading, then it makes sense to sell HIVE, too, before that happens sometime in the coming months.