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Data: The Maker multi-signature address sold 13,138 MKR through Wintermute in the past month and a half, amounting to approximately 37.95 million USD

2024-06-01 11:33:37

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, in the past one and a half months, the multi-signature address marked by Nansen as belonging to Maker (0xbba…5d8) has continued to sell 13,138 MKR (37.95 million USD) through Wintermute.

Since March 18, this address has cumulatively sold 19,743 MKR (59.77 million USD) through Wintermute over a period of 75 days, with an average price of approximately 3,027 USD.

From the MKR trend in Figure 2, it can be seen that after MKR rose to around $3,266 on March 18, it began to continuously reduce its holdings, and half a month later, MKR peaked and has since retraced.

This address still holds 11,228 MKR (30.35 million USD), and at the current selling frequency, it is estimated that it will take about one and a half months to sell out.

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