BCH - $8500 on gdax. $3500 on Binance. What to make of this?

[bitcoinbaldwin]

Is the price on Binance (and other exchanges) bound to follow gdax? How can there be such a crazy difference?

How is the smart trader taking advantage?

[Solrider13]

gdax is tied to Coinbase and they bring a huge chunk of the new money into Crypto. It was holding solid close to 3K when the news broke, so it's probably still a safe bet and HODL if you have it!

[Sikka157]

I saw that too but the price was not changing and coinbase was down when it showed that price. I am sure it was not real, now the price is around $3,036.

[A.Delaney]

3246.00 on coinmarketcap. GDAX has to be off.

[BMG86]

Yeah I don't think anyone actual bought at that price. Probably some kind of price glitch when the server crashed. Prices were no where near that on any other exchanges.