đ„ Coinbase Bitcoin Discount to Binance Hits Record High After $6.3B Security Breach Freezes Cross-Exchange Arbitrage $COIN .
Bitcoin is trading at a record discount on Coinbase compared to Binance. A $6.3 billion security breach has pushed the spread between the two exchanges to its widest level ever.
Cross-exchange arbitrage has been frozen as a result. Traders can no longer move quickly between Coinbase and Binance to capture the price gap.
The dislocation is centered around $COIN and $BTC . Are you waiting for arbitrage to return before re-entering the market?
â What's your take â is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption
Bitcoin is trading at a record discount on Coinbase compared to Binance. A $6.3 billion security breach has pushed the spread between the two exchanges to its widest level ever.
Cross-exchange arbitrage has been frozen as a result. Traders can no longer move quickly between Coinbase and Binance to capture the price gap.
The dislocation is centered around $COIN and $BTC . Are you waiting for arbitrage to return before re-entering the market?
â What's your take â is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption