I've been maintaining the idea that Justin Sun still has a lot of Hive to sell. Today those suspicions are backed by more evidence. Hive wallets are disabled and Binance is trading at a premium low compared to Bittrex. More people are dumping on Binance and they don't care they are losing money (Justin Sun).
There's also another account I know of who might to doing it, but others say this account is simply rebranding.
- Bittrex is trading at 1431 sats
- Binance is trading at 1294 sats.
I believe the gap was even bigger an hour ago.
This heavily implies that Justin Sun is dumping the market during a desperate time to make us look bad. What did you think that price war was about that spiked Steem before we forked? He wasn't dumping, he was buying more and doubling down on his position, just like he always does. Think he ONLY had the 5M liquid Steem from the original purchase? No, we airdropped him probably more than 7M Hive. Maybe even ten. That's quite a bit of Hive.
Justin Sun is the kind of guy who hires someone to manage his crypto assets with trading and bots and things like that... you know, professionals. So what happens when Sun goes to these professions that work for him and manage his finances/crypto and says,
Make sure to put the hurt on Hive in any way you can.
He's not the kinda guy who quits...
If you haven't noticed, this kid does not stop. He does not give up. He doesn't dump projects that give him a hard time, he doubles down. He makes them look bad. Did no one notice that this kid is like a prodigy vulture capitalist? Like, cmon guys. We won't be done with him for a while as he hides in the shadows. Crypto mafia is here! And they are pretty friendly considering! You should be so lucky!
Either that or Bittrex is a low volume exchange and Bittrex whales like @ENCRYPT3DBR0K3R are pushing the price up.
You decide.
This message was brought to you by Hive Keychain using Bittrex prices and Peakd using the witness feed to determine my account balance (difference of $1000+).
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