yeah that was when it first started right... when polo. first opened up to SBD and steem and the SBD was like 1.40 on there... If SBD got up again really high, i could see something like that happening again.
But i was thinking an opposite effect driven by a decline in steem price. So steem price starts to go down, but then the reverse direction arbitrage kicks in and pulls it back up... but that never seems to happen.