A wallet belonging to Maker (MKR), which has been inactive for about 3 months, recently started to move for sale.
According to data transmitted by the on-chain analysis platform Spot On Chain, the team of the decentralized finance (DeFi) platform Maker rolled up their sleeves for sale days ago during the recent rise.
Data revealed that the wallet named “0xbba“, which has been inactive for 3 months, sold 2,395 MKR worth $7.36 million at an average of $3,200 on March 18 through market maker Wintermute. The sale made through OTC method has an average price of $3,073.
After the last sale in the wallet associated with the team, 28,576 MKR worth $81.5 million remains.
According to CoinGecko data, MKR, which has shown a 3% increase in the last 24 hours, is currently trading at $2,898 at the time of writing.