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BTC $60,577.44 -1.51%
ETH $1,556.72 -2.74%
BNB $572.67 -0.68%
XRP $1.08 -1.84%
SOL $61.73 -4.11%
TRX $0.3234 +0.50%
DOGE $0.0813 -1.77%
ADA $0.1567 -2.20%
BCH $216.07 -0.87%
LINK $7.35 -1.34%
HYPE $56.64 -4.82%
AAVE $60.38 -4.32%
SUI $0.7114 +0.46%
XLM $0.2106 +3.40%
ZEC $356.41 -3.77%

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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