The Numbers: A Set-Up Gained Nearly $6.5M After the GALA Attack

According to Lookonchain data, in the GALA attack incident, a SmartMoney address arbitraged nearly USD 6.5 million. 20 minutes after GALA was attacked, the SmartMoney address began to purchase GALA from the PancakeSwap pool, purchasing a total of 406 million GALA at a cost of only USD 120,380 , Then, it sold 21.1 million GALA on Binance at a unit price of US$0.032, and sold 385.8 million GALA on Huobi at a unit price of US$0.015, making a total profit of nearly US$6.5 million, even exceeding the profit of the attacker.