Hive price can get pumped via buying a couple hundred thousand tokens off the market.
I've personally seen this happen a few separate times.
It can be done even with limit orders.
The bots know that liquidity is gone after a short time and market makers push the price up to reflect that.
It takes very little USD to push the price of Hive up.
Especially at this level.

All that being said, UpBit's massive stack is troubling.