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BTC $76,796.35 -1.31%
ETH $2,285.59 -1.46%
BNB $624.29 -0.58%
XRP $1.39 -1.94%
SOL $83.86 -1.94%
TRX $0.3232 -0.21%
DOGE $0.0995 +1.38%
ADA $0.2464 -0.58%
BCH $446.91 -0.12%
LINK $9.25 -0.90%
HYPE $40.50 -4.57%
AAVE $97.40 +1.05%
SUI $0.9273 -0.17%
XLM $0.1644 -2.37%
ZEC $336.99 -6.39%

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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