TechFlow reports, according to SpotOnChain monitoring, within the past 5 hours, two entities—Nascent and MakerDAO—deposited a total of 3,566 MKR (worth $10.29 million) into Binance. The details are as follows:
Nascent deposited 1,216 MKR (worth $3.49 million), realizing an estimated profit of $2.9 million (+294%). Subsequently, the venture firm withdrew 141 billion PEPE (worth $1.6 million), 281,000 LDO (worth $508,000), and 3.41 million USDT from Binance.
A multisig address 0xbba (suspected to be MakerDAO) deposited 2,350 MKR (worth $6.8 million).
Since April 25, MakerDAO is reported to have sold 16,000 MKR (worth $45.2 million) at an average price of approximately $2,823.
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