Crypto VC Nascent Deposits 1,216 MKR Into Binance, Realizing an Estimated $2.9M Profit

IconCryptoNewsTerminal Staff15 Jul, 2024

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Crypto VC Nascent Deposits 1,216 MKR Into Binance, Realizing an Estimated $2.9M Profit

SpotOnChain, via X, reported approximately 5 hours ago that crypto-focused venture capital Nascent and an alleged MakerDAO (MKR) address transferred a combined 3566 MKR ($10.29 million) to Binance. It is estimated that Nascent sold 1216 MKR ($3.49 million), netting an approximate $2.9 million profit. However, it's important to note that these figures are estimates and may differ from the actual transaction details.