A multisig address has recently deposited 4535 MKR into CEX over the past two weeks, courtesy of Wintermute, valued at $14.4 million
PANews reported on April 22, according to Spot On Chain, the multi-signature address 0xbba (possibly MakerDAO) has been transferring MKR out before the price drops. In the past two weeks, this multi-signature address has almost daily sent MKR to Wintermute Trading, sending a total of 4,535 MKR (worth $14.4 million) within two weeks. Subsequently, Wintermute Trading deposited these MKRs into CEXs like Binance, Coinbase or Kraken.
Now, this multi-signature still holds 21,928 MKR (worth $65.8 million), and may transfer more tokens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CME: All markets remain suspended except for the BrokerTec EU market
A major whale switched from short to long on BTC, with a position valued at $91 million.
Japan Post Bank, Shinoken, and DeCurret DCP pilot tokenized deposit payments for real estate transactions
Data: US crypto-related stocks mostly rise in pre-market trading, Bitmine up 3.79%