Wu said that according to @EmberCN, 7 hours ago, the investment institution BlockTower sold 1,815 MKR (US$2.48 million) through Galaxy Digital. BlockTower Capital withdrew 12,502 MKR from CEXs such as Coinbase/FTX/Kraken during May-November 2022, at an average price of US$1,055. Then they started selling MKR in December last year, and have sold a total of 7,664 MKR (US$11.62 million) in the past 10 months, with an average price of US$1,516. The sold part realized a profit of US$3.53 million. They currently hold 7,662 MKR (US$10.37 million).

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