TechFlow reports, according to Spot on Chain monitoring, a suspected Genesis Trading whale address transferred 50 million GALA to Coinbase five hours ago after being dormant for 2.2 years. With the current GALA price at $0.041, the estimated profit is $1.9 million. In September 2020, this whale received 214,098,773 GALA from the Gala Games: NFT Store wallet.
The token flow five hours ago was: wallet 0x3bf → intermediary wallet 0x3bf9 → wallet 0x16AD (labeled as "Genesis Trading" on Nansen) → intermediary wallet 0xbecE → Coinbase.
Currently, this whale still holds 164,098,773 GALA across five wallets.




