📢📢📢📢A whale of $MKR started taking profits after 3 years of holding

Address 0x4111 transferred 1,271 $MKR (~$2.45M) to the Kraken exchange.

They purchased tokens between February 2022 and March 2023 at an average price of $895.

Potential profit from the 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?