Has anyone an ideas what is going on with Namecoin on differerent markets?
Namecoin went up 25% today on coinmarketcap. However, if one analyses the different markets, then the prices are spread out widely:
Wex: between $2.30 and $2.60 with 65% of trading volume
E.g. cryptopia: $0.98 with 1% of trading volume
Is Wex real? Because if this spread were real, then traders would use this spread for arbitrage: Buy on cryptopia, sell on Wex.
This is really really strange.
Edit: I found this:
https://www.coindesk.com/bitcoin-price-nears-10k-on-wex-exchange-as-users-await-withdrawals/