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Big wins in arbitrage!

markmetson

Published: 02 Aug 2023 › Updated: 02 Aug 2023Big wins in arbitrage!

Big wins in arbitrage!

Wow, today was a big day for #arbitrage gains in IXC and I0C!

21882.52 IXC were dumped today on FreiExchange, wiping out a bunch of my "buy 1000 IXC" offers I had spaced at every five satoshis of price. That wiped the buy-side offers down from 100 satoshis to 31 satoshis, all of which are insanely low prices as IXC is going for $0.21 USD on the #Stellar platform.

2000 I0C were dumped on FreiExchange too, driving the buy-side down from 51 satoshis to 47 satoshis; again both those prices are insanely low. My buy offers there too were offers to buy 1000 coins at each 5 satoshis of price so there too I got a lot of the dumped coins. I0C is going for $0.25 on the #Stellar platform so again, nice #arbitrage gains!

Meanwhile too I have been following a-r-crypto@a-r-crypto's experimenting at small scale experiment, and noticed that adding AXIOM into the mix really paid off, as that really jumped in price yesterday, moving AXIOM up for a moment to the highest total XLM value of any coin in the mix!

All in all things have been looking good lately on the #Galactic-Milieu assets front, albeit there do seem to still be some "dumpers" dumping on some of the coins.

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