$HIVE
Just looked at the data and saw that the trading volume of HIVE reached 1.5 billion USD in the last 24 hours. The total market cap is only 300 million, and the trading volume exceeds that of the popular AI16Z. Upon closer inspection, it turns out that large holders are shorting. Binance's USDT perpetual futures rate has already dropped to -0.53%.
The maximum intraday increase of over 33% is undoubtedly the contribution of the short sellers.
The pullback is an opportunity #加密市场反弹