It seems like the multisign address 0xBbA, likely affiliated with MakerDAO, has displayed a consistent pattern of transferring $MKR tokens before significant price drops.
Over the past 2 weeks, this multisign address has executed daily transfers of 4,535 MKR tokens (equivalent to $14.4M) to Wintermute Trading.
Subsequently, Wintermute Trading has deposited these tokens to various centralized exchanges (CEX) such as Binance, Coinbase, or Kraken.
As of now, the multisign address still retains ownership of 21,928 MKR tokens ($65.73M) and might continue moving more tokens out in the future.
Address:
0xBbA4C8eB57DF16c4CfAbe4e9A3Ab697A3e0C65D8
