Blockchain arbitrage, making tens of thousands of dollars a day? 😯

Recently, two addresses have made cross-chain arbitrage, earning as much as US$1,200 to US$12,000 per day! How is this trading strategy implemented? When someone sells Token A on Ethereum, the price of Token A suddenly plummets, but the price of Token A on BSC is not affected. As a result, arbitrageurs can buy token A at a low price on Ethereum, then cross-chain to BSC and sell it, thereby making a profit.

Of course, not all arbitrage is profitable. Sometimes, arbitrageurs will still suffer losses after deducting gas fees. According to statistics, these two addresses arbitrage 5-10 times per hour, with an hourly profit of 50-500 US dollars and a daily profit of 1,200-12,000 US dollars. The more large sales/buys there are on the chain, the more money the arbitrageur makes.

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, and sell. Although this method of arbitrage seems attractive, it also carries certain risks. When conducting arbitrage trading, everyone must pay attention to risk control!

What do you think of this arbitrage method? Welcome to share your views in the comment area and look forward to interacting with you!