Jul 23, 2024
Auto generation
Spartan Group allegedly closed a GAL trade with a $602K profit
Outflow
Related addresses
Total tokens transferred
372.081K
GAL
Related transactions
Wallet 0x54b (likely Spartan Group) just deposited the remaining 372,081 GAL ($1.27M) to Binance:
- transaction: 0x20a78715e7fdf90bc5fe14b02c99cf04d919d635cde0713171663d377cbd7687
- address: 0x54b55662901af57b31fb6b52af8175b652a5816e
- This address may belong to the entity Spartan Group
Notably, this marks the end of the wallet's first GAL trading cycle with an estimated profit of $602K (+43.2%) after only 12 days:
- withdrew 573,081 GAL from Coinbase at an average price of $2.432 (estimated cost: $1.39M) on July 11, 2024;
- deposited and sold the tokens via Binance and Uniswap at an average price of $3.483 ($2M) between July 18 and 23, 2024.
While wallet 0x54b no longer holds GAL, Spartan Group still holds 1.7M GAL ($5.77M) across 2 other wallets. These GAL tokens exclusively come from vesting.
Fig 1. The overall GAL trading history of Wallet 0x54b (likely Spartan Group).
Fig 2. Spartan Group still holds around 1.7M GAL ($5.77M) across other wallets.