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25
@jfang003
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1 min read
Let's be honest, most of this buy pressure is not from HIVE powered accounts, a lot of these HIVE tokens are used to get HBD at a discount and then sold on the market for a 5-15% profit through the Hive/HBD conversion mechanism.
I thought this was the main reason as well. It's almost like they want HBD to be above the peg.
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