TechFlow reports, according to Spot On Chain monitoring, that an address疑似为MakerDAO's multi-sig 0xbba has been continuously moving $MKR out ahead of the price decline.
Over the past two weeks, the multi-sig address has sent a total of 4,535 $MKR (worth approximately $14.4 million) to Wintermute Trading nearly every day, subsequently depositing them into CEXs such as Binance, Coinbase, or Kraken. Following these deposits, prices tended to drop. The multi-sig currently still holds 21,928 $MKR (worth approximately $65.8 million), and may transfer out more tokens.
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