"Whale" Dumps 1100 MKR, Losing $1.13 Million

Article is form Jinse
September 14, 2024
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According to Golden Finance, on-chain analyst @ai_9684xtpa has monitored that address 0x3c7...b33AB appears to be liquidating 1100 MKR tokens that were bought at the peak two months ago. If all are sold, the loss will be $1.13 million. This address bought at the peak of MKR in late July at a cost of around $2642. Three hours ago, all the tokens were deposited into Binance at a price of $1613, resulting in a loss of nearly 40%.

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