$HIFI is loaded just waiting for#Upbitand#Binanceto explode đ«
In the past 2 days,#Binance8(Hold Wallet) has transferred 16,711,777 $HIFI = 11.57m$ to #Binance14#Binanceis holding 21,089,544 $HIFI = 15.4m$ (equivalent to 18.97% of supply)
There will be 2 cases here:
Case 1: #Binancedep's listing is to set up and push up the price of $HIFI in the near future with #Upbit
Case 2: The fact that they put goods on the exchange is essentially to ensure reserve because they realize that Upbit wants to collect goods and push up prices with a large amount of tokens.
One thing worth noting is that#Binanceonly holds 18.97% while Upbit holds 70% of the supply, so while TH1 happens, the main price push volume will still be Upbit.
And Binance's decision to deploy $HIFI is partly to ensure reserve to avoid price discrepancies between exchanges like the previous $CYBER casestudy.
In fact, both cases can occur alternately because#Binancecertainly does not want to be robbed by #Upbit, so when#Upbitwants to collect goods and push up prices, force#Binanceto participate at the same time to avoid loss. market share.
Note: This is also the reason why every time $HIFI is pushed, the price pumps very strongly$BTC $ETH $BNB #HIFI/USDT #Hifi #HIFIđ„come
