TechFlow news, according to Ember monitoring, a wallet linked to the MakerDAO team has been selling MKR for four months, offloading 28,743 MKR ($85.81M). This prolonged sale is nearly complete, with only 2,228 MKR ($6.23M) remaining.
The sales began on March 18 and over the past four months, this address has transferred a total of 28,743 MKR ($85.81M) to Wintermute OTC addresses and exchanges at an average price of $2,985 per MKR.
The MKR originated from 30,971 tokens received between 2020 and 2023 from multiple wallets labeled as belonging to Maker, including Maker: MultiSig. On Nansen, this address is labeled as belonging to MakerDAO, while Arkham labels it under UDHC.
UDHC is an investment firm founded by Steven Becker, former COO of MakerDAO.
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