Sometimes, i just smile when i see bounty hunters dump their coins. I have seen situations where after they might have dumped their coins, within within 24-48 hours, it begins to rise again.
Whenever a coin lists and bounty hunters are paid, it is always an opportunity for investors to buy from them cheaply.
Most times, i wait for opportunities like this, despite being a bounty hunter too. I acquire more and hold. Then i sell high later.
There are times bounty hunters a lured by investors into selling cheaply on DEX, before any official listing.
Although, this might not be applicable to all coins, but it happens to most.
Well most bounty sell of their coins when they know a coin is just an hype no, real agenda ..I don't wanna mention names.
So they have their reason as do you.
You are absolutely correct on your last sentence though ,because doing that often can get you burnt
Cheers