BlockBeats News, August 19th, according to LookIntoChain monitoring, a newly created wallet received 9.3 million KTA tokens (approximately $685,000) and 2 billion GALA tokens (approximately $3 million) through a cross-chain bridge, and subsequently sold these tokens in exchange for 1902 ETH (approximately $3.64 million).This large sell-off triggered a significant market volatility. According to HTX market data, the price of KTA plummeted by 37%, while the price of GALA dropped by 15%.