but that only explains the high price that is available on Bitfinex not the higher price in other exchanges. people who are buying on Bitfinex are obviously doing it to exit, and many of them want their fiat out so they may even transfer that bitcoin to other exchanges and sell there causing a sell pressure and drop. but as we see the rise is going on.
Yes. But I think the price rising in Bitfinex can cause a sort of fomo chain reaction to buyers on other exchanges; especially for the ones that has no idea on what's going on and why the prices are actually higher in bitfinex.
in my opinion it is the continuation of the rise that started a couple of weeks before the Bitfinex drama even began.
Well yea it could also be this, or both. But then again there's no way to know for sure so whatever.