Who profited from the Binance hack: Two waves of arbitrage
...
The opportunities weren’t open all night, but came in two windows. First: 20:30–22:00 UTC, large-cap coins. Second: 23:00–01:00 UTC, mid- and small-cap coins. Timing determined who managed to get in.
...
The opportunities weren’t open all night, but came in two windows. First: 20:30–22:00 UTC, large-cap coins. Second: 23:00–01:00 UTC, mid- and small-cap coins. Timing determined who managed to get in.