As $MAV falls in equilibrium with historical prices over time, the more $MAV Bithumb accumulates regarding hot wallets (mixing token users and Bithumb to cover up traces)
Especially in the $0.37 area, Bithumb was withdrawing so much to wallets that 3 hot wallets ported Binance without enough coins, forcing Binance to push them to the floor for Bihumb to withdraw.
=> This is also why $MAV is quite difficult because there aren't many tokens in the hands of retailers
