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Suspected MakerDAO multi-signature wallet deposited 750 MKR to Binance 2 hours ago

CointimeCointime2024/05/06 03:07
By:Cointime

According to Spot On Chain monitoring, MakerDAO has been depositing MKR into CEX. Two hours ago, the multi-signature wallet 0xbba (possibly MakerDAO) deposited 750 MKR (approximately $2.19 million) at an average price of $2920 to Binance.

Since March 18, 2024, the wallet has deposited 11,993 MKR (approximately $31.2 million) to CEX at an average price of around $3184, usually before the price drops.

The wallet currently holds 18,978 MKR (approximately $55.2 million).

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