📢📢📢📢The whale of $MKR started taking profits after 3 years of holding
Address 0x4111 transferred 1,271 $MKR (~$2.45M) to the Kraken exchange.
They bought tokens from February 2022 to March 2023 at an average price of $895.
Potential profit upon sale: +116% or ~$1.32M
The holding period lasted over 3 years. Such actions often foreshadow local pressure on the price, especially in thin market conditions.
We are monitoring $MKR — a correction is possible after such a large transfer to the exchange.
🐋 What are the whales saying?