GalaChain exploit drains 2 billion GALA via failed transactions
Gala (GALA)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that GalaChain’s August exploit drained approximately 2 billion GALA tokens by exploiting a security flaw that survived multiple audits. The attacker reused historical signatures from unsuccessful transactions to create reusable authorization, turning failed transactions into a mechanism for draining funds. The blockchain, developed by Gala Games, confirmed the incident occurred in August.
How the market reacted
Whalio's own Binance spot order flow for GALA, measured when this story was written up on 17 September 2026. Not the outlet's figures.
Whalio’s Binance spot data for GALA shows a buy ratio of 59.3% over the last hour and 68.1% over four hours, compared to 50.3% over 24 hours, indicating that buying pressure is currently building relative to the daily average. The volume delta reflects this shift, with +$42,344 added in the last hour and +$417,102 over four hours, contrasting with a modest +$14,742 delta over the full 24-hour period. A high buy ratio signifies that market participants are actively purchasing GALA, while a positive volume delta indicates that the total value of buys exceeds sells. This recent surge in short-term buying suggests immediate interest in the asset despite the reported exploit.
The latest daily buy ratio of 51.3% sits at the 80th percentile of the last 322 days, against a median of 48.9% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for GALA, averaged over the days leading up to the story.
Over the preceding week, GALA experienced a 7-day average buy ratio of 46.8%, making today’s 24-hour ratio of 50.3% an unusual day with a 3.5-point increase in buying activity. Volume traded at 0.98x the average, suggesting trading activity remained near normal levels despite the price drop. The price fell 8.0% over eight days, accompanied by a total volume delta of -$646,859, indicating net selling pressure over the longer term. While the last 24 hours saw net buying, the week was characterized by two days of net buying out of seven, highlighting a recent shift from the broader downtrend.