🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
The ups and downs of arbitrage during the EOS ICO period
Gate News bot message, Huang Shiliang shared his arbitrage experience during the EOS ICO. During the ICO phase of EOS, the primary and secondary markets operated in parallel but had price differences, creating arbitrage opportunities. At that time, in the last few minutes of trading, hackers initiated high ETH gas transactions, causing congestion on the ETH chain and preventing other investors from injecting ETH into the EOS ICO contract. Ultimately, the EOS ICO issued a total of 900 million tokens, raising 7.2 million ETH, with a total value of $4.2 billion. Huang Shiliang pointed out that he gained profits through arbitrage, but upon reflection in the following years, he realized that it also brought some negative consequences.
(Source: wublock123)
Original link