Spread between BTCBRL and BTCUSD
Looks like we had an opportunity to explore the arbitrage spread between BRL / USD using bitcoin in August. It existed until late September but closed in 2 days, coming back from 20% to 7%. Another window was back in May.17, but it lasted for shorter than the Aug one, which is interesting.
Do you guys agree? How could be possible that the market let this happen for longer than it has previously occurred? Is there a lack of transactional liquidity in Brazil that didn´t allow crypto traders to take advantage of those arbitrage opportunity as they would like to?
Please share your thoughts.
RMG
Do you guys agree? How could be possible that the market let this happen for longer than it has previously occurred? Is there a lack of transactional liquidity in Brazil that didn´t allow crypto traders to take advantage of those arbitrage opportunity as they would like to?
Please share your thoughts.
RMG
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