TechFlow news — According to on-chain analyst Yujin, a whale address that purchased 1,682 MKR at an average price of $1,159 (worth about $1.95 million) between September 13 and 21 has started selling MKR to realize profits. Two hours ago, this address began converting MKR into ETH: so far, it has sold 807 MKR at an average price of $1,479 (worth approximately $1.19 million).
The address currently still holds 875 MKR (worth about $1.28 million). If it sells all remaining MKR, it would realize a profit of $520,000 (+27%).
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