Suspected MakerDAO multi-signature address transferred approximately $14.4 million MKR to Wintermute within 2 weeks

ChainCatcher message, Spot On Chain monitoring shows that a suspected MakerDAO multi-signature address (starting with 0xbba) has continuously transferred out MKR before the price drop. In the past 2 weeks, this multi-signature address has transferred MKR to Wintermute Trading almost daily, totaling 4535 MKR (worth about 14.4 million USD). These tokens were subsequently deposited into CEXs such as Binance, Coinbase, or Kraken, and after the deposits, the price of MKR tended to decline.

Currently, this multi-signature address still holds 21928 MKR (worth about 65.8 million USD).