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But their traffic didn't seem to spike. System metrics on https://www.redditstatus.com/#day don't show any increase in traffic.

I do notice all of their message backlogs haven't moved though, so who knows how accurate the request rate is.

I noticed that too, but it's possible that there was an absurd spike of traffic that halted the entire pipeline and they never got tracked.

GME news travelled absurdly quickly. The two events lined up too well.