Whale continues to accumulate altcoins by making a new purchase after 11 days.
According to the data shared by on-chain analysis account Lookonchain on March 28, a whale has started to move again for an altcoin after a gap of 11 days.
The whale, which purchased $8.3 million worth of the native crypto asset of the decentralized finance (DeFi) giant Maker, MKR, through the world’s largest crypto exchange Binance about 11 days ago, had moved 2,957 MKR to its wallet from approximately $2,799.
Today, the whale has once again made a move and bought 1,308 MKR worth $4.34 million from Binance.
According to CoinGecko, MKR has experienced an increase with the purchase from the whale. As of the time of writing, MKR is trading around $3,344 with a 4.1% increase in the last 24 hours.