Nothing like some good old FOMO
So I have to admit, the Hive CEX whales are hard to predict. They just randomly pump HIVE by like 50% like it is nothing. Just some days ago we were sitting at rank 550+ and are now back over one hundred places at #422 with a MC of 46M.
Volume is up by 1000% with 17M, although the big caveat is that CMC does not include Upbit's volume for some reason. Upbit itself has 18M... so that puts us to 35M which is like 76% of our entire MC.
Of course the unpredictability is only partly true, since we have known for years that the whales almost always pump Hive at 00:00 UTC! Why? Who knows... But this time is no exception.
The candle itself is preposterous, but nothing we haven't seen before. It's a solid candle - the one we have seen that signals trend change. It happened in 2021 and 2025. Volume overall is actually still low (red box). However, we still have some days left in the week and it's clear that it's still a biggy.
Time to Sell?
Generally speaking, these pumps have always been good for selling. Personally, I just sold a ton of SPS for Hive, but used it to buy RUJI... seems like I always just miss the opportunity.
Anyway, if you have some spare Hive lying around, it might actually be a good idea to sell some (if you can resist the FOMO). But if this is really a trend change, it might also be quite risky...
The bottom line, I suppose, is that HIVE hasn't been forgotten by the big players. While we know that they are only in it for profits, pumps like this do have a tendency to revive the hype and ecosystem as well as the activity.
As a general reminder: Please keep in mind that none of this is official investment advice! Crypto trading entails a great deal of risk; never spend money that you can't afford to lose!
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