Data: A suspected Genesis Trading GALA whale transferred 50 million GALA to Coinbase 5 hours ago

According to ChainCatcher news, monitoring by Spot on Chain shows that a suspected Genesis Trading GALA whale address transferred 50 million GALA to Coinbase 5 hours ago after being dormant for 2.2 years. The current GALA price is $0.041, with an estimated profit of $1.9 million. In September 2020, this whale received 214,098,773 GALA from the Gala Games: NFT Store wallet.

The token flow from 5 hours ago was: wallet 0x3bf -> intermediary wallet 0x3bf9 -> wallet 0x16AD (marked as Genesis Trading on Nansen) -> intermediary wallet 0xbecE -> Coinbase. Currently, this whale still holds 164,098,773 GALA across 5 wallets. (source link)