[A new wallet sells $685,000 worth of KTA and $3 million worth of GALA, causing token prices to plummet] According to monitoring by Lookonchain, a newly created wallet received 9.3 million KTA ($685,000) and 2 billion GALA ($3 million) via a cross-chain bridge and then sold them, obtaining 1,902 ETH ($3.64 million) in return. This led to a 37% drop in KTA and a 15% drop in GALA.