It just another pumping group, The massive adoption will make the coin will be stable as you can see with the bitcoin after some countries are tries to added bitcoin as legal payment. The chart has told me if that's obviously true. It's pure pump and the group dump it again just in a second. That looks very odd in my opinion and it was too far from the massive adoption.
Right, I agree. I assume this is not a pump group, but a single buyer.
There are many institutional traders that have access to this kind of money. But the thing I cannot understand is how they get their money out. Third parties (except for bots) cannot even buy in fast enough to take advantage of this.
As a matter or fact, that is all I can figure: maybe the trader has identified certain bot patterns, and is taking advantage of a bot that cannot understand massive buyins.