RED ALERT: Dunamu (UpBit) Korean Exchange Dumping Hive!
https://twitter.com/therealwolf42/status/1247068586855858181
Hive is getting dumped like mad.
@hot.dunamu
Users in Discord are claiming the exchange is going to sellout Hive to another coin and then price average the airdrop to their users? I don't know.
Others are saying the assets are getting liquidated because the exchange is getting raided for sex crimes.
http://www.koreaherald.com/view.php?ud=20200406000845
https://wallet.hive.blog/@upbitsteem/transfers
Apparently all these coins might get dumped as well?
23M? Yikes!
I mean this is why I said we should all be cashing out to Bitcoin...
I'm just wondering at what level I should be buying back in.
Ah well I just got my BTC onto Bittrex... time to set some buy orders...
With everyone on the East coast napping right now the fireworks could start at any minute.
i picked up 14k
I picked up 8k and made orca but set much lower buy orders in case the dumping continues. Our liquidity is paper thin and if someone decides they want to dump millions of coins all at once that's basically just a free-money flash crash.
Yep. I am setting up some even lower. Just in case. I was planning on holding the BTC, but opportunities like this are rare. If it doesn't drop, I have my BTC, if it does, I have some HIVE :)
Oh man crazy stuf. I was wondering why my wallet value was so low lol but didn’t get a chance to check it yet.
Yeah it's trading at like .12