TechFlow reports, according to on-chain analyst Ender's monitoring, that investment firm BlockTower Capital recently sold 1,815 MKR to Galaxy Digital for approximately $2.48 million. Between May and November 2022, the firm withdrew a total of 12,502 MKR from exchanges including Coinbase, FTX, and Kraken, at an average price of $1,055 per MKR.
Over the past 10 months, BlockTower Capital has sold 7,664 MKR for a total revenue of $11.62 million, averaging $1,516 per MKR, realizing a profit of $3.53 million. The firm currently still holds 7,662 MKR, worth approximately $10.37 million.
In addition, BlockTower Capital recently transferred 2,333 MKR to Coinbase, valued at around $3.53 million.
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