This kind of transaction pattern is typical for Hive‑Engine. It’s not a hack and it’s not a bug — it’s simply wash trading or bot testing.
It’s important to remember that swap.btc is not that real BTC, but an internal pegged token that can be moved or traded between one’s own accounts at zero cost. Because there are no fees and liquidity is extremely low, even tiny self‑transactions can distort the charts, making it look like real market activity when it’s not.
But here, its on the Chain and everybody could see it. On Binance etc. i would understand it, users can't see who is buying/selling. But here we can see everything 🤔
Hey, sorry @mein-senf-dazu — I made a wrong assumption in the first comment. Generally, wash trading means selling yourself to inflate volume, but that's not what this is about. The bot you see it is not doing wash trading, it's market-making: placing small orders, moving them, canceling them, and refreshing them to maintain liquidity. Basically, the bot is profiting from the spread and experimenting with trading algorithms. And on Hive‑Engine, where there are no fees, it can run non‑stop at no cost.
