Our 30th update on Huobi DM to Bitstamp with BCH_CQ BCHBTC since 26th January 2020. Huobi DM and Bitstamp's BCH_CQ and BCHBTC reached a 14 day high on the 30th January 2020 at 17:07 marking a 0.9% decrease from the 90 day high of 417.787772, confirming a difference of -3.822965 over the 13 days, the pairing is sitting at 394.50505759 at 13:30 today with a profit of 0.00120700 BTC with every 1 bitcoin spent. Since we began we have verified this range topping off at 417.787772 in the past month. In the last 24 hours the spread reached a high of 402.904827 resulting in a -14.882945 shortening on the year providing a 4% contraction from that spread. Huobi DM's BCH_CQ and Bitstamp's BCHBTC combination pairs is 80th currently. This spread should not be considered a special activity, and not in the same league as HBDM BTC_CQ to Huobi BTCUSDT and Bitmex XBTM20 to Binance BTCUSDT which should be investigated.
1st February 2020 13:30:13 UTC - 33 weeks ago
Huobi DM BCH_CQ @ 394.54600000
Bitstamp BCHBTC @ 0.04094241
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00120700 BTC with a 2.95% return
Bitcoin Trade Size
This represents a profit of 0.0133 BTC when you close 11 BTC of BCH_CQ at Huobi DM at the current price of 394.54600000 and order the matching quantity of 11 BTC of BCHBTC at Bitstamp set at 0.04094241 providing a $124.45 gain with the current price of bitcoin set at 9,357 USD. We would advise that you should examine this more, this will return a profit if performed to the sound of 0.001207 for each 1 bitcoin.
Disclaimer : We are not financial consultants and all financial transactions are the responsbility of the user, this information provided is only valid at the timestamp of 1st February 2020 13:30:13, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.