/tinfoil hat on

I have wondered about this as well. The only answer I can come up with that makes any sense is arbitrage. There appears to be a group or groups doing extended arbitrage between BTC-e and Bitstamp/Huobi and who knows where else. I have watched this for several weeks now and it is just to consistent to be coincidence imo. In the scenario I envision these groups have a few hundred to a few thousand BTC and do this daily taking $2,000-$20,000 profits out in fiat. Even with just 200 coins it's 60k a month, not bad profit.


/tinfoil hat off