Whale address 0x637 concluded its first MKR trade with a significant profit by selling the remaining 350 MKR for 325.25 ETH ($1.04M) at an average price of $2,961 within the past hour.

Here's an overview of the whale's trading activity:👇

Initially, the whale purchased 1,047 MKR using approximately $772K worth of ETH and stablecoins at an average price of $737.6 between March 19 and November 13, 2023, primarily around March 19 when the MKR price was relatively low.

Subsequently, they sold 1,046 MKR for approximately $2.63M worth of ETH and stablecoins at an average price of $2,515 between May 6, 2023, and April 29, 2024.

Overall, the whale realized an estimated profit of $1.86M (+241%) after holding MKR for over a year.

Wallet address: 👇0x6371024c5ffdaefef716adce3cac52ac6181cd9d

$MKR #MKR/USDT