Whale Moves 1,403 MKR ($3.27M) to Binance to Stop Loss!

A prominent whale has recently moved all 1,403 MKR tokens ($3.27 million) to Binance to mitigate further losses, approximately 4 hours ago.

Address: 0xc4681770d70d3d3b66d95bda4780db9ae8ddb4d0

This whale previously withdrew these MKR tokens from Binance at an average price of $2,855 (estimated cost: $4.01 million) between July 22 and 31, 2024. If the whale decides to sell now, they would incur an estimated loss of $742K (-18.5%) after holding for only two weeks.