Well... when somebody is selling, there's another one buying. The price remained stable over the last many weeks, so I would say everything looks good to me. The question for the buyers would be what they plan to do... why keep it liquid, instead of powering it and make a living from that nice curration.
You are right, but, imo, the price of HIVE is anchored around the current levels because the offer is higher than the demand, no matter if we load the exchanges with HIVE, few people are buying it, that's why we are not going lower.