According to the analysis of @ai_9684xtpa, ChainCatcher reported that the MOVE token showed significant price differences on Korean exchanges. The original plan was for Upbit and Bithumb to list MOVE at 8 PM last night, but the Korean exchange Coinone went live at 7:30 PM last night, with an opening price of 998,500 KRW (about $700). As a result, the two major Korean exchanges delayed their listing times, with Upbit starting trading at 09:35 this morning with an opening price of 2263 KRW (about $1.59), and the current price is 3060 KRW (about $2.2).
Currently, the price difference of MOVE on different platforms is significant: Binance is priced at $0.94, Uniswap is priced at $1.93, and Upbit is priced at $2.2. It seems that a number of institutions and smart money are likely arbitraging the differences.
