🚨 [Alert for holder $MKR ] – Whales are starting to offload!
In the past 10 hours, the fund #7Siblings has begun to sell MKR to accumulate $ETH . Specifically:
🔁 Swap 707 MKR for ETH around the price range of ~$1,500
💰 Total transaction value: ~$763,000
Currently, this fund's wallet is still holding 1,248 MKR (~$7.8M)
Coincidentally, on April 8, Genesis Trading also made a similar move – converting MKR to ETH. Are the "big players" expecting ETH to #outperform MKR in the near future, or is this simply a restructuring step to optimize positions in DeFi protocols?
Regardless of the reason, the wave of transition from MKR to ETH is clearly beginning to take shape.
⏰ Anyone holding MKR needs to keep a close watch!
