Whats going on over there with SBD at HitBTC Exchange

I know Hive account@themarkymark has already covered the topic explaining that SBD is not mooning since the ballooned prices are being shown on hitbtc. And since deposits and withdrawls of SBDs there have been in locked position for a very long time, the values of SBD on HitBTC cannot be taken as a standard.

However, when i decided to see how much HitBTC is playing around with SBD price (thinking that it won’t be more than 20-25$ mark), my jaw fell so hard on the floor that it has travelled down half way through China.

Behold the highest price of SBD on HitBTC in the last 24 hours..

148.71 friggin’ dollars for 1 SBD..

My question is why? Is it some sort of mutual collaboration? Do they have any specific objective in their minds by doing this? Even now, SBD is trading well over 40$ mark on hitBTC. This is insane...

Do let me know in the comments about what do you make of this situation.