Someone is buying on HITBTC and dumping slowly on Etherdelta, oldest trick in the book. Pump n dump crew. Stay away of this coin unless you can handle 80% loss for indefinite period of time.
23 post wisdom. This is called arbitrage, not a pump and dump.
You must be new here. Did you buy BTC at 16 or 17k?
It's not arbitrage if you sell cheaper than you buy it.