Channels

Price Gap

Bitcoin

Read

Status

<div class="coingape"> 
 <p><img decoding="async" class="aligncenter size-full wp-image-158202" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%20673%20466'%3E%3C/svg%3E" alt="" width="673" height="466" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/01/5485244c14c8e3c584217f302c5df18d.webp"> 
  <noscript> 
   <img decoding="async" class="aligncenter size-full wp-image-158202" src="https://cdn.thebittimes.com/images/2023/09/01/5485244c14c8e3c584217f302c5df18d.webp" alt="" width="673" height="466"> 
  </noscript></p>  
 <div class="quads-location quads-ad90952 " id="quads-ad90952" style="float:none;text-align:center;padding:0px 0 0px 0;"> 
  <div class="ad1"> 
   <div class="advertised"> <span class="ad-placeholder">advertisement</span> 
   </div> 
  </div>  
  <div id="my-banner-ad" class="d-inline-block"></div> 
 </div> 
 <h2 id="cyber-s-price-disparity-between-exchanges">CYBER’s Price Disparity Between Exchanges</h2> 
 <p>What has raised eyebrows in the crypto community is the substantial price difference between various exchanges. While CYBER trades at $14.7 on Upbit, it is a staggering 58% higher than its price on <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a>, where it stands at $9.3. As traders and investors attempt to profit from these variances, there have been concerns raised regarding market efficiency and arbitrage opportunities as a result of this substantial price gap.</p> 
 <p>Not only this, but Upbit has reportedly captured the attention by outpacing <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> as the coin’s biggest holding, according to Scopescan. A startling 33% of the token’s current circulating supply is held by Upbit. However, the initial price surge may have been spurred by <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a>’s introduction of its “Simple Earn Cyber Quiz” promotion, highlighting the influence of exchange initiatives on cryptocurrency price dynamics.</p> 
 <p>In another surprising development, DWF Labs, a prominent player in the cryptocurrency space, deposited a substantial 40,000 CYBER tokens, equivalent to around $360,000 at the prevailing market price, into the Bithumb exchange. This move, reported by The Data Nerd, adds another layer of intrigue to the situation, considering the timing of the deposit.</p>  
 <div class="quads-location quads-ad148831 " id="quads-ad148831" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="NewTrendin dsdsd m-on"> 
   <h5> 
    <svg class="inline-block w-5 ml-1 text-black _text-digg-blue" width="34" height="20" xmlns="//www.w3.org/2000/svg" viewbox="0 0 17 17" fill="currentColor"> <path fill-rule="evenodd" d="M12 7a1 1 0 110-2h5a1 1 0 011 1v5a1 1 0 11-2 0V8.414l-4.293 4.293a1 1 0 01-1.414 0L8 10.414l-4.293 4.293a1 1 0 01-1.414-1.414l5-5a1 1 0 011.414 0L11 10.586 14.586 7H12z" clip-rule="evenodd"></path> 
    </svg>Recommended Articles </h5> 
   <div class="TrendSList owl-carousel owl-relatedpostar"> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/01/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/01/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Crypto Presale Projects For 2023 To Invest; Updated List </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/30/fa6133ad6e87ee1c4776d3849180d46b.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/30/fa6133ad6e87ee1c4776d3849180d46b.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Best Crypto Trading Bots List 2023</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/01/f88de9f91a8c6b7926f52e209e8f697e.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/01/f88de9f91a8c6b7926f52e209e8f697e.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/31/e59946958a3ce000f279efb2e1b9c852.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/31/e59946958a3ce000f279efb2e1b9c852.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Crypto Telegram Channels List 2023 [Updated]</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/30/48cfebc8a0493db9937bed5dd005ee19.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/30/48cfebc8a0493db9937bed5dd005ee19.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Top 10 Web3 Games To Explore In 2023; Here List</h6> <span>Must Read</span> 
    </div> 
   </div> 
  </div> 
 </div>  
 <div class="quads-location quads-ad124348 " id="quads-ad124348" style="float:none;text-align:center;padding:0px 0 0px 0;">   
 </div> 
 <p>The timing is particularly noteworthy as it comes on the heels of CYBER’s remarkable price appreciation. Analysts speculate that this deposit may be a strategic move, allowing DWF Labs to profit from CYBER’s recent surge while retaining a significant stake for potential future gains.</p> 
 <p>Also Read: XRP’s Legal Status Is Extensively Documented Over The Years, Says Deaton</p> 
 <h2 id="cyber-s-price-against-market-correction">CYBER’s Price Against Market Correction</h2> 
 <p>In 2023, Cyberconnect’s blockchain project CYBER made ripples in the cryptocurrency world. It has established itself as a desirable cryptocurrency investment due to its adaptability to market turbulence and steady growth. However, the wide price variations between exchanges have highlighted the necessity for caution and analytical foresight in the crypto market.</p> 
 <p>Also Read: BTC Price Prediction: Bitcoin Rejected At $27k, Is $20k Imminent?</p> 
</div>  
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/cyber-jumps-150-in-7-days-amidst-price-gap-in-exchanges-tbt61205.html">https://thebittimes.com/cyber-jumps-150-in-7-days-amidst-price-gap-in-exchanges-tbt61205.html</a></p>

CYBER Jumps 150% In 7 Days, Amidst Price Gap In Exchanges

Table of Contents

TheBitTimes

Other articles published on Sep 1, 2023

David Duong Breaks Down BTC & ETH Futures; Whales’ New Bets: ADA, XMR, QUBE

SEC Postpones Bitcoin ETF Rulings, Delays Decision for Wisdom Tree

$SCORP Has Rising Demand and Falling Supply Mechanics Built-In For Exponential 20x Growth – Here’...

French Data Watchdog Conducts 'Inspections' at Worldcoin's Office in Paris

Pepe Coin, STX Faces Correction, MKR Takes The Bull Road

MCD Stock Price Analysis: Can McDonald’s Stock Crash More?

Join our free newsletter for daily crypto updates!