Anyone playing the arbitrage angle here? I just noticed price is ~$115 on Hotbit but $130 on Bitforex and Bilaxy.
I wish a lot of luck doing arbitrage on these two exchange with a token that have almost no liquidity there.
From what I know at least on Hotbit volumes are faked by bots and on Bilaxy I haven't traded so far but they are not standing high in the exchanges trust score on Coingecko or CMC.
I amaffraid that to some extend these prices are used to attrackt not experienced users to try small arbitradge trades but believe me this isnot what arbitradge is and how you make money on it. At least some decent volumes are needed or good strategy. Don't mention alot of ecperience and knowledge about the exchanges you are going to trade on.