BlockBeats messages, August 19, according to Lookonchain monitoring: a newly created wallet received 9.3 million KTA (about $685,000) and 2 billion GALA (about $3 million) via a cross-chain bridge, and then sold these tokens in exchange for 1,902 ETH (about $3.64 million).
This large-scale sell-off caused major market volatility. According to HTX market data, the KTA price fell as much as 37% and the GALA price fell 15%.
This large-scale sell-off caused major market volatility. According to HTX market data, the KTA price fell as much as 37% and the GALA price fell 15%.