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Amount of people is irrelevant.
Amount of HIVE is irrelevant too, it's amount of HIVE times its price what matters.
And $35k worth of volume isn't anything spectacular or unusual.
It's just wild bet on future market and not that awesome as @technicalside thought at the beginning given that to buy 700k HIVE for $35k you need it to be for $0.05.
But you might not be able to do that for HBD. Currently Hive Debt Support Price is $0.059 so it's one cent away from ruining your idea.
You know how HBD works, right?
RE: What are your expectations of Hive witnesses?