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BTC $77,897.72 -3.25%
ETH $2,170.06 -3.74%
BNB $651.25 -4.59%
XRP $1.40 -4.59%
SOL $85.79 -5.89%
TRX $0.3511 -0.17%
DOGE $0.1086 -5.10%
ADA $0.2528 -5.19%
BCH $414.26 -3.94%
LINK $9.65 -6.03%
HYPE $40.57 -10.67%
AAVE $88.18 -8.19%
SUI $1.05 -7.43%
XLM $0.1505 -5.11%
ZEC $488.41 -9.17%

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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