Bitfinex BTCUSD is $300 above all exchanges since news broke : CryptoCurrency

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Bitfinex BTCUSD is $300 above all exchanges since news broke a few days ago.
Why is it not being pulled back down by arbitrage and also how is it still holding levels so much higher than the other exchanges.
I know Tether will be the explanation, but if that is the explanation, explain how it is happening on BTCUSD. not BTCUSDT.
(image shows difference since 27th April between other exchanges.)



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