Data: Maker multi-signature address sold 13,138 MKR through Wintermute in the past month and a half, equivalent to approximately US$37.95 million

CoinVoice recently learned that according to monitoring by on-chain analyst Ember, in the past month and a half, the multi-signature address (0xbba...5d8) marked by Nansen as belonging to Maker continued to sell 13,138 MKR (US$37.95 million) through Wintermute.

This address has sold a total of 19,743 MKR (US$59.77 million) through Wintermute in 75 days since March 18, with an average price of approximately US$3,027.

From the MKR trend in Figure 2, we can see that he began to sell off his holdings when MKR rose all the way to around $3,266 on March 18. Half a month later, MKR peaked and has been falling back ever since.

This address still holds 11,228 MKR (30.35 million USD). At the current selling frequency, it will take about a month and a half to sell out. [Original link]