Analysis: MakerDAO Sells $37.95 Million MKR via Wintermute
CryptoNewsTerminal Staff01 Jun, 2024
Analysis: MakerDAO Sells $37.95 Million MKR via Wintermute
According to data from blockchain analytics firm EmberCN, a multi-signature (multi-sig) address linked to MakerDAO (MKR) has sold 13,138 MKR (worth $37.95 million) through an address connected to cryptocurrency market maker Wintermute. This sale is part of a larger pattern of MKR sales by the address, which has sold a total of 19,743 MKR ($59.77 million) through Wintermute since March 18. The average selling price during this period was $3,027. The address currently holds 11,228 MKR ($30.35 million).
