$LUNA Someone check out the terraswap manipulation happening right now wtf is this
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Its called an arb - arbs make markets more efficient
You should do it too!
And a stack that size in a deca billion network is more of a herring (red) than a whale ;)
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Or Ethereum
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I think arb trades can either be constructuve or destructive. Either arbing an existing market inefficiency, being rewarded for restoring equilibrium, or trying to manipulate the market to create the inefficiency in the first place.
It's all a fine line well above my paygrade π
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This man is my king teaching me new things everyday bless ππΌπ
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But an arbitrage of $200,000 UST profit on a single 1 million swap?
finder.extraterrestrial.money/mainnet/tx/AFB
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1.569564 UST (fee) not bad for $1 mil trade
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