Whale Who Made 5x Profit from Altcoin Investment Heads for Heavy Sales on Binance!

An investor turned to heavy sales as the decentralized exchange (DEX) Maker’s native token MKR rose.

According to the sharing made by the on-chain analytics platform Lookonchain on March 22, an investor took action for sales after the rise in MKR price.

The investor in question transferred to Binance with the rise of 3,400 from 2,785 dollars in MKR price in the last 3 days. At the time of the trader’s transfer, the MKR price was trading at 3,185 dollars.

According to on-chain data, 3,500 MKR worth 11.15 million dollars was deposited to Binance.

It is claimed that the wallet owner accumulated the old version of MKR in 2016. The investor also made the last MKR purchase as 46.3 units and only for 646 dollars.

According to Spot On Chain, the investor currently holds 13.5 million dollars’ worth of MKR.

According to CoinGecko data, MKR is trading at 3,259 dollars with a 8% increase in the last 24 hours.