TechFlow reports, citing The Data Nerd, that a whale address starting with 0x373 exchanged 350 MKR for 299.7 ETH (worth approximately $500,000) via 1inch seven hours ago, at an average selling price of $1,405 per MKR.
Notably, this address purchased 1,883 MKR (worth about $2.17 million) three weeks ago at an average price of $1,157 per MKR. It currently holds 950 MKR and 11,100 ETH (worth approximately $18.33 million), with an unrealized profit of $235 per MKR.
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