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BTC $58,864.81 -0.71%
ETH $1,570.23 +0.25%
BNB $549.13 +0.01%
XRP $1.04 -0.18%
SOL $73.59 +0.50%
TRX $0.3165 -1.56%
DOGE $0.0708 -2.33%
ADA $0.1447 +0.63%
BCH $198.56 +1.74%
LINK $7.23 -0.32%
HYPE $65.78 +3.06%
AAVE $86.11 -4.33%
SUI $0.6919 +0.65%
XLM $0.1780 +2.95%
ZEC $402.44 +5.41%

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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