MKR is an active currency with more narratives in the Defi sector. Asset management company Grayscale has launched a new fund focused on MakerDAO governance tokens. The new closed-end fund Grayscale MakerDAO Trust will be open to qualified individuals and institutional accredited investors. Similar to the company's other single-asset trusts, the fund does not allow direct withdrawals, which may lead to deviations between the price of fund shares in the secondary market and the price of underlying assets.

According to on-chain data monitoring, the whale marked as "0xC4Db" bought 3,291 MKR (US$6.64 million) from Binance through the wallet "0x16F6" in the past 5 days.

When will the Fed cut interest rates? #Howdoes the US election affect the crypto industry? #BTCtrend analysis $ETH $BTC