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ETH $2,357.01 +0.69%
BNB $632.74 +1.88%
XRP $1.45 +2.15%
SOL $88.15 +3.35%
TRX $0.3240 -0.94%
DOGE $0.0990 +2.58%
ADA $0.2577 +3.25%
BCH $450.32 +2.32%
LINK $9.52 +2.34%
HYPE $43.65 -2.77%
AAVE $116.12 +8.88%
SUI $0.9986 +2.24%
XLM $0.1692 +4.88%
ZEC $333.04 -3.07%

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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