BTC $62,932.18 -0.35%
ETH $1,874.79 -0.18%
BNB $605.25 -0.39%
XRP $1.00 -0.56%
SOL $75.13 -0.89%
TRX $0.3323 -0.38%
DOGE $0.0698 -0.03%
ADA $0.1795 -1.30%
BCH $202.24 -1.66%
LINK $8.91 +1.54%
HYPE $55.71 -3.03%
AAVE $86.55 -1.07%
SUI $0.6772 -1.01%
XLM $0.1595 -0.02%
ZEC $489.45 +0.82%
BTC $62,932.18 -0.35%
ETH $1,874.79 -0.18%
BNB $605.25 -0.39%
XRP $1.00 -0.56%
SOL $75.13 -0.89%
TRX $0.3323 -0.38%
DOGE $0.0698 -0.03%
ADA $0.1795 -1.30%
BCH $202.24 -1.66%
LINK $8.91 +1.54%
HYPE $55.71 -3.03%
AAVE $86.55 -1.07%
SUI $0.6772 -1.01%
XLM $0.1595 -0.02%
ZEC $489.45 +0.82%

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

2022-11-04 15:29:49

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)

app_icon
ChainCatcher Building the Web3 world with innovations.