🚨🐋 Whale Alert: $2.45M in MakerDAO Tokens (MKR) deposited to Exchange — Is a Sell-Off Coming?
On June 18, 2025, a massive on-chain whale sent 1,271 MKR tokens, worth about $2.45 million, to Kraken.
The whale amassed this MKR between Feb 11, 2022 and Mar 8, 2023, at an average price of $895, holding it for over 3 years .
💰 Potential Profit: ~$1.32M — 116% ROI
With MKR trading around $1,927–$1,930, liquidating this stack would net a profit of ~$1.32 million, marking a 116% return.
🔍 What’s Behind This Move?
Large transfers to centralized exchanges are often precursors to selling, which could increase MKR's short-term sell pressure.
On-chain history shows the whale steadily accumulated MKR from centralized exchanges, ranging from tiny batches (~0.0948 MKR) to larger ones (>200 MKR).
📊 Market Implications
A dump of 1,271 MKR ($1.8M–$2.1M), potentially triggering a price dip if executed in bulk. This move may signal a strategic exit and could influence overall DeFi/ retail trader sentiment.
🧭 Retail Investor Recommendations:
✅ Watch Price Action Closely:
Monitor MKR price around the $1,900–$2,000 range — expect turbulence.
✅ Set Stop-Losses if Holding MKR:
Protect gains or limit downside risk in case of a rapid dump.
✅ Avoid Chasing Spikes:
If MKR pumps suddenly, beware of whale manipulation or exit traps.
✅ Consider DCA if Bullish Long-Term:
If you believe in MKR’s fundamentals, use dollar-cost averaging to enter gradually during dips.
✅ Track Exchange Wallets:
Keep an eye on the MKR wallet activity via on-chain explorers (like Etherscan) for further whale moves.