According to TechFlow, an on-chain analyst, Ember, the investment institution BlockTower Capital recently sold 1,815 MKRs to Galaxy Digital for approximately $2.48 million. From May to November 2022, the institution withdrew a total of 12,502 MKRs from exchanges such as Coinbase, FTX and Kraken at an average price of $1,055 per MKR.
In the past 10 months, BlockTower Capital has sold 7,664 MKRs, with a total income of $11.62 million, an average selling price of $1,516, and a profit of $3.53 million. It currently still holds 7,662 MKRs, worth approximately $10.37 million.
In addition, BlockTower Capital recently transferred 2,333 MKR to Coinbase, worth approximately US$3.53 million.
