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BTC $74,653.11 -0.54%
ETH $2,319.53 -1.63%
BNB $628.32 +0.48%
XRP $1.43 +1.44%
SOL $87.48 +2.41%
TRX $0.3257 -0.01%
DOGE $0.0968 +0.16%
ADA $0.2524 +0.98%
BCH $447.70 +0.98%
LINK $9.35 +0.47%
HYPE $43.53 -4.55%
AAVE $111.97 +5.31%
SUI $0.9760 +0.44%
XLM $0.1645 +2.68%
ZEC $331.56 -2.71%

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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