According to Odaily Planet Daily, on-chain analyst Yu Jin monitored that an hour ago, a whale sold 1,500 MKR on the chain in exchange for 4.48 million DAI, causing the MKR price to fall by 3% in a short period of time, from $3,051 to $2,947. The whale had previously made a profit of $2.79 million on MKR, and then re-bought 2,000 MKR (about $6.64 million) at an average price of $3,313 on April 11. Now, 1,500 of them are sold at an average price of $2,992, with a loss of $480,000.