Thanks to the Giant DeFi Altcoin, Two Whales That Shot Money Started to Collect Again!

Two whale wallets that had previously profited from Maker have started collecting again for a while now. 

According to the Twitter post by on-chain data and analysis account Lookonchain on July 13, while Bitcoin and altcoins are showing signs of recovery, there is activity in the cryptocurrency market. According to the data, two different smart whales are showing great interest in Maker (MKR).

Wallet address 0x3737 has invested $3.63 million by purchasing 1,465 MKR at an average price of $2,476 since June 27. This investor had previously made a profit of approximately 468 thousand dollars by buying 1,884 MKR at $ 1,157 and selling it for $ 1,406. The same wallet address currently contains 3.58 trillion Pepe (PEPE) worth $30.87 million, and this investor seems to have made a profit of more than $30 million thanks to PEPE.

On the other hand, the wallet named 0xCf9b spent 2 million USDT to buy 777 MKR tokens at a price of $2,587 9 hours ago. This account made a profit of approximately $321,000 by selling 1,575 MKR, which it had previously purchased at $2,879, for $3,083.

According to CoinGecko data, MKR is trading at $2,624 at the time of writing.