Whale Accumulates $MKR Despite Heavy Losses
A whale has withdrawn 2,979 $MKR (~$5.14M) from #FalconX after holding for a month.
Currently, this wallet holds a total of 5,774 $MKR (~$10.39M), all accumulated over the last 1.5 months. However, the position is sitting on a floating loss of $6.66M.
This signals high-conviction accumulation, even in the face of steep unrealized losses — a bold bet on MakerDAO’s long-term value.
💭 What’s your take — conviction buying, or a risky overexposure to $MKR’s volatility?
