Two institutions have deposited over 10 million US dollars of MKR into CEX
According to spotonchain monitoring, in the past 5 hours, two institutions Nascent and MakerDAO have deposited 3,566 MKR (worth $10.29 million) into CEX, specifically including:
Nascent deposited 1,216 MKR (worth $3.49 million), expected to profit $2.9 million (+294%). Subsequently, this venture capital firm withdrew 141 billion PEPE (worth $1.6 million), 281 thousand LDO (worth $508 thousand) and 3.41 million USDT from CEX.
Multisig address 0xbba (suspected to be MakerDAO) deposited 2,350 MKR (worth $6.8 million). Since April 25th, MakerDAO has reportedly sold off its holdings of about16,000 MKR at a price of approximately $2823 each(worth around$45.20million).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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