Altcoin Price is 17 Percent Higher on Justin Sun’s Hacked Exchange!

The TRON (TRX) price on the cryptocurrency exchange Poloniex, which was cyber-attacked at the beginning of November, provided serious opportunities for arbitrage investors.

TRON founder Justin Sun’s stock market Poloniex on November 10 118 million dollars He was at the center of an attack. Following the attack, Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) withdrawal transactions were temporarily suspended from the exchange.

Suspension of withdrawal transactions poloniex on you of TRX This caused its price to diverge from other exchanges. According to CoinGecko data 4 December TRX price on Binance in early hours $0.105 on Poloniex while at 17% more valuable way from $0.122 was being traded.

On the other hand, Poloniex Even though TRX withdrawals are open It was a noteworthy point that such a price difference occurred. Investors can buy TRX cheaply from Binance in a short period of time and transfer it to Poloniex. 17% price by selling with difference arbitrage It is thought that he did.

According to Poloniex’s latest statement Bitcoin, Ethereum And Tether shooting operations next weeks will become active.

According to CoinGecko data, TRX is on Binance at the time of writing. 0.10372 from dollar on Poloniex from $0.106 is being traded.

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