According to TechFlow, Spot On Chain monitoring, 11 hours ago, the venture capital firm Placeholder deposited a total of $32.75 million worth of MKR and UMA into Coinbase. These tokens came from two wallets, including 7,250 MKR (20.9 million UMA) from "0x4fa" and 5 million UMA (11.9 million UMA) from "0xb0a".

Placeholder is an investor in both projects and acquired tokens at low prices: MKR at an average price of $765; UMA at an average price of $0.382.