RE: Hive Reaches 10ks Sats | Some thoughts about it | Supply VS Demand
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The Huobi HIVE/USDT chart is interesting now:
Looks like there's resistance at $1. Seems to me like the Huobi listing has driven the price explosion. The volume Huobi makes every other exchange appear minuscule.
I wonder if we can see volume for each HIVE pair on Huobi.
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Found it on CoinGecko:
https://www.coingecko.com/en/coins/hive#markets
So looks like HIVE is predominantly denominated in USD terms on the order books.
Ha.... didnt expect that... was totaly unawere of the USDT/HIVE pair on Huobi ... this means some Tether money staying on a side are actualy comming in. Totaly new twist to the story :)
Over $100M in volume was registered by this pair itself on Huobi. I'm wondering about the intense activity in this pair for two days now.