But in this seemingly dormant market, there’s still a group of arbitrageurs, seen as 'outsiders,' quietly making a fortune.

They have no faith in cryptocurrencies, don’t care about fundamentals or narratives, and avoid emotional trading. They stick to the principle of 'only arbitrage, no trading.' They spot system loopholes, misaligned incentives, delayed rules, and human greed. Highlights of arbitrageurs' earnings: - Qing Shui Ge made over 10 million in floating profits during the 2023 inscription craze with just a $10,000 principal. - Lei Zi earned stable six-figure returns through Binance’s Alpha project. - Arbitrage veteran Lao Liu achieved steady capital growth by exploiting price differences across exchanges. - XX platform’s financial projects: single account deposits of $5,000 yielded a 2% return in just two days. (Source: Compiled from online materials)