In the image above, that pump took place in futures markets on Binance's BTC-USDT perpetual pair on 26 Jul, 2021. You can check the spot charts that there was no $12k pump during when it pumped in futures. The volume at spot was also not so good, but that $12k futures candle had a 182k btc traded volume for that hour only. This cannot be any institution or a normal person's work, I smell something fishy here to attack the traders and decide the trend, change it and liquidate them to make quick money.
Honestly no.Many of altcoin had crossed up his old values in this pump. By considering such fact, we need to see the value of 600 dollars in BNB. But it still floating at the 400 dollars. Huge people blindly buy some BNB at 200$ and earned huge in the BNB. Now it was not shinning up.