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MakerDAO Wallets Continue Strategic Sales of $MKR on Binance

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By on July 18, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post MakerDAO Wallets Continue Strategic Sales of $MKR on Binance appeared first on Coinpedia Fintech News

MakerDAO’s community has seen substantial $MKR token movements recently.

Recent Deposits: 5,750 $MKR ($16.76M) deposited to Binance in the last three days.

Ongoing Sales: Since April 24, 18,900 $MKR ($53.83M) sold at an average price of $2,848.

Current Holdings: 8,905 $MKR ($26M) still held by these wallets.

This suggests a calculated strategy for liquidating their holdings while maintaining a substantial reserve.

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