MakerDAO initial investor sells 1,050 MKR after holding for 10 years, cashing out approximately $1.316 million and transferring to Kraken.
7x24h News
MakerDAO initial investor sells 1,050 MKR after holding for 10 years, cashing out approximately $1.316 million and transferring to Kraken.
According to on-chain analyst Ember (@EmberCN), an initial MakerDAO team/investor address sold all 1,050 MKR tokens held for 10 years 20 minutes ago, converted them into 1.316 million USDC, and transferred them to the Kraken exchange. The address initially claimed the aforementioned MKR in April 2016, and except for migration operations during the token upgrade in 2018, there has been no movement in the past 10 years.
Navigating Web3 tides with focused insightsTechFlow reports, July 24, according to monitoring by on-chain analyst Ember (@EmberCN), a MakerDAO initial team/investor address sold all 1,050 MKR held for up to 10 years 20 minutes ago, exchanged them for 1.316 million USDC, and transferred them to the Kraken exchange. The address initially claimed the aforementioned MKR in April 2016; since then, except for migration operations during the 2018 token upgrade, there has been no movement in 10 years.
