New Address Sells KTA and GALA for 1,902 ETH, Tokens Fall

A newly created address received 9.3 million KTA and 2 billion GALA through a cross-chain bridge, then sold them for 1,902 ETH. According to ChainCatcher, the ETH received was valued at $3.64 million, and the trades were followed by a 37% drop in KTA and a 15% decline in GALA.