There is a small amount of SBD relative to Steem.
I'm not saying it was manipulated, but it wouldn't take a lot of money for a whale holding a ton of steem to bid up SBD as a way to proxy bid steem, then sell off a ton of steem.
There is a small amount of SBD relative to Steem.
I'm not saying it was manipulated, but it wouldn't take a lot of money for a whale holding a ton of steem to bid up SBD as a way to proxy bid steem, then sell off a ton of steem.