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RE: There's Something Really Weird Going On With STEEM Price On Binance

in #steemit6 years ago

I continue to see many users here putting more money and buying Steem so it could be a true demand of the token here in the short-term! I know I bought some!

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That would be cool, but the latest spike had a volume of about 4 million STEEM in Binance alone... Hard to believe it was only because of regular users of the platform, looks more like a coordinated whale action... That could have, indeed, triggered some buying reaction from regular users, I don't reject this hypothesis, but the core of the action was from a bigger trader....

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