@dragosroua. Any idea if STEEM has same behavior? It will be good to have a comparing graph.
What those pumps mean? What they are signaling. How many dollars need to be burned to create such a pump?.
Or the pumper just make everyone believe prices go higher, make people buy, and then exit as fast as he entered???
Very interesting graph you posted.
I think it happens on Steem as well, but the jump in price is not that big. The volume is pretty significant, between $500 million and $1.5 billion. The theory that the buyer is Justin Sun makes more and more sense. He has pockets deep enough for this volume and he may want to regain control of the forked Hive.
But we don't know for sure. Could be anyone.