A month ago Upbit had around 3M HBD. Now it has 9.5M HBD.
While we see the HIVE exodus from exchanges there is the other side of this and thats HBD. Upbit is now no.1 in liquidity for HIVE and by far for HBD. It's a bit ironic a Korean exchanges s no.1 market maker for HIVE but it is what it is. We need more HBD listings on exchanges.
We will most likely hit the 10% debt soon and then only the stabilizer will push the price down on HBD.Ths if we don't agree meanwhile to increase the limit of the debt.