A multisign wallet, likely associated with UDHC/MakerDAO, transferred 1,500 MKR (valued at $4.5M) to Binance via a middle wallet approximately 11 hours ago.

Transaction Details:👇

To Middle Wallet Transaction: 0x74bf5d56ecc8a7c04f6607de0d6bb371bf2c0202a0d1d69bbae393e3476d8ba6

To Binance Transaction: 0x43d1a34b35c7ae3f5839badfb8fd9a87633c17a17c99d3250c6f914ef258f568

Main Address: 0xbba4c8eb57df16c4cfabe4e9a3ab697a3e0c65d8

Middle Address: 0x1cc12fed5e2d09ddbb61bec70574b4cf0d1a5825

Summary:👇

Over the past 45 hours, the multisign wallet has deposited 4,350 MKR (valued at $12.76M) to Binance at an average price of $2,924 via the middle wallet 0x1cc.

Notable Insights:👇

Using the same middle wallet 0x1cc, two multisign wallets linked to UDHC/MakerDAO, 0xbba and 0x7fd, have deposited a total of 17,500 MKR to Binance at an average price of $2,838 (totaling $49.7M) since April 25, 2024.

The price of MKR typically sees a short-term dip following these deposits.

Currently, the two wallets hold 10,305 MKR (valued at $30.24M).

Address 1: 0xbba4c8eb57df16c4cfabe4e9a3ab697a3e0c65d8

Address 2: 0x7fda46250dbc2eb3a24d11374dd1380ce69e75e4

$MKR