TechFlow news: On May 30, on-chain analyst Yujin monitored that an address疑似 belonging to Dragonfly transferred 137 million SKY tokens to Coinbase, valued at approximately $9.05 million at current prices.
These tokens were likely withdrawn from Binance in August 2021, when the asset was still named MKR; the total value at withdrawal was approximately $20.45 million. At current valuations, this position has shrunk by over half since withdrawal.
This large transfer to an exchange may indicate the holder’s intention to sell or rebalance their position; however, no subsequent disposal activity has been observed yet.
Add to Favorites
Share to Social Media
