Greater Western Sydney have traded small forward Zac Langdon to West Coast and used their pick from the Eagles to secure Fremantle tall Jesse Hogan.
The Eagles flipped their third-round draft selection, currently No.54, to the Giants for Langdon, who booted 23 goals in 31 games across three seasons for GWS before requesting a trade.
Barely an hour later, GWS on-traded that pick for Hogan, who joins his third AFL club on a one-year contract after stints at Melbourne and the Dockers.
The clubs had already agreed on trading Hogan, but it became official on the first day of the AFL trade period on Wednesday.
In 2018, Hogan moved from Melbourne to the Dockers for draft picks six and 23 after kicking 152 goals from 71 games for the Demons.
"He's a mature hard running and strong-marking player who, at his best, can have a big impact on-field," Giants football manager Jason McCartney said.
"He's excited to continue his career with us and his commitment is a great endorsement for our club."
Langdon to West Coast became the first trade rubber-stamped on Wednesday and the Eagles are confident his best football is in front of him.
"Our club tracked Zac closely before he was drafted in 2017," Eagles list manager Darren Glass said.
"He is also an elite runner and we feel he will add skill and speed to our attacking mix."
Meanwhile, fringe Richmond defender Oleg Markov, who played 23 games for the Tigers since debuting in 2016, has joined Gold Coast for a future third-round draft pick.
The 24-year-old played six games in 2020 and was emergency for the Tigers' grand final against Geelong.
But all eyes are on Adelaide, who have until 5pm AEDT on Wednesday to decide if they will match St Kilda's bid for restricted free agent Brad Crouch or let him walk.
Last week, Adelaide head of football Adam Kelly indicated the Crows would match the bid if the Saints' offer did not draw pick two as compensation.
If Adelaide match St Kilda's offer, they will be the second team to take the unusual step this year, after Greater Western Sydney matched Geelong's offer to Jeremy Cameron.
The Giants and Cats will head to the trade table with the Cats' bevy of first-round picks - currently 13, 15 and 20 - firmly in the Giants' sights.
Due to COVID-19 restrictions, the trade period is being conducted virtually, with the AFL Review Centre being used as the main hub.
Clubs negotiate in virtual meetings and deals will be submitted via an online trade system.