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BTC $66,034.71 -2.24%
ETH $1,833.24 -4.69%
BNB $626.79 -5.65%
XRP $1.22 -1.35%
SOL $73.79 -4.13%
TRX $0.3343 -1.05%
DOGE $0.0925 -3.34%
ADA $0.2101 -3.77%
BCH $247.95 -13.09%
LINK $8.33 -3.82%
HYPE $72.28 +0.41%
AAVE $75.34 -1.21%
SUI $0.8288 -0.90%
XLM $0.2224 -0.16%
ZEC $603.83 -2.77%

Data: After the GALA attack incident, a group of arbitrageurs made nearly 6.5 million dollars in profit

2022-11-04 15:29:49
Collection

According to ChainCatcher news and Lookonchain data, during the GALA attack incident, a SmartMoney address arbitraged nearly 6.5 million dollars. Twenty minutes after the GALA attack, this SmartMoney address began purchasing GALA from the PancakeSwap pool, acquiring a total of 406 million GALA at a cost of only 120,380 dollars. Subsequently, it sold 21.1 million GALA on Binance at a unit price of 0.032 dollars, and sold 385.8 million GALA on Huobi at a unit price of 0.015 dollars, resulting in a profit of nearly 6.5 million dollars, even exceeding the profits of the attacker. (source link)

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