[Lookonchain: 2 addresses earn $1,200 to $12,000 a day through on-chain arbitrage] Golden Finance reported that according to Lookonchain monitoring, 2 addresses earn $1,200 to $12,000 a day through on-chain arbitrage. Trading strategy: If someone sells token A on Ethereum, the price of token A will suddenly plummet. But the price of token A on BSC is not affected. Therefore, arbitrageurs can buy token A at a low price on Ethereum, then cross-chain to BSC and sell it. Among them, an arbitrageur spent 370 USDC to buy NGL on Ethereum, then cross-chained it to BSC and sold it at 382 DAI. After deducting gas fees, the profit is about $7. But not all arbitrage can be profitable. Another arbitrageur spent 2,000 BUSD to buy DCK on BSC, then cross-chained it to Ethereum and sold it at 1,998.88 USDT. After deducting gas fees, it will lose about $21. Roughly speaking, these two addresses arbitrage 5-10 times per hour, making a profit of 50-500 USD per hour, and a daily profit of 1,200-12,000 USD. The more large sales/purchases on the chain, the more money the arbitrageurs make. However, this strategy is difficult to implement through manual trading. Arbitrageurs need Bots to monitor abnormal transactions on the chain and quickly buy → cross-chain → sell.