Is this an Arbitrage? | Bitcointalksearch.org

Bitcoin_Arena

copper member

Activity: 2016

Merit: 1783

฿itcoin for all, All for ฿itcoin.

It would make more sense if you shared the link of the address or transaction ID

But I think it's just a wrong price quotation or estimation. It's a common scenario, especially with the pump and dump shitcoins. Don't get too excited. I know of a guy who thought he was going to exchange tokens he though were worth over $100K only to get Ether worth less than $1000 Grin

tabas

hero member

Activity: 2954

Merit: 725

Top Crypto Casino

Correct me if I'm wrong. You're pointing out two tokens that have different quantities and values. I don't see the arbitrage on that end. We don't know if it is.
The $0.89 obviously is just a few tokens of XYO while the $2.5M, look at the quantity on how many ETHM was transferred.

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

It's either arbitrage or a malfunction on the site giving the quotes (eg if it loads up quotes from the wrong place or somewhere with low volume which last traded for a high price).

hack3rcon

member

Activity: 354

Merit: 10

Hello,
Please see following image:

Is this an Arbitrage? How "$0.89" changed to "$2,549,988.42"?

Thank you.

Topic: Is this an Arbitrage? (Read 66 times)