A decentralized exchange (DEX) Maker token holder turned to a massive sale as the native token MKR surged.
According to the share made by the on-chain analytics platform Lookonchain on March 22, an investor took action for sale after the rise in MKR price.
As stated in the share, the investor transferred to Binance after the MKR price reached from 2,785 to 3,400 within the last 3 days. At the time of the investor’s transfer, the MKR price was trading at 3,185.
According to on-chain data, 3,500 MKR worth 11.15 million dollars was deposited to Binance.
It is claimed that the wallet owner accumulated the old version of MKR in 2016. The investor also made the last MKR purchase as 46.3 units and only at 646 dollars.
According to Spot On Chain, the investor currently has 13.5 million dollars’ worth of MKR.
According to CoinGecko data, MKR is currently trading at 3,259 dollars with a 8% increase in the last 24 hours.
