South Korean exchange Coinone launched MOVE early yesterday, resulting in a serious price difference
2024-12-10 04:05:01
According to @ai_9684xtpa analysis, there is a significant price difference between MOVE tokens on Korean exchanges. Upbit and Bithumb were originally planned to list MOVE at the same time at 8 o'clock yesterday night, but the Korean exchange Coinone was launched at 7:30 last night, and the opening price reached 998,500 won (worth about 700 US dollars). Affected by this, the two major exchanges in South Korea delayed the launch time. Upbit only started trading at 09:35 this morning. The opening price is 2263 won (worth about 1.59 US dollars), and it is now quoted 3060 won (worth about 2.2 US dollars). At present, the price difference of MOVE on different platforms is obvious: Binance is quoted at 0.94 US dollars, Uniswap is quoted at 1.93 US dollars, and Upbit is quoted at 2.2 US dollars. There should be many institutions and smart money arbitraging.
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