Recent activity in the Maker (MKR) market has attracted significant attention, particularly involving major players and substantial trades.

A smart trader who previously made a profit of $8.51 million by trading MKR has recently sold 1,150 MKR tokens, valued at approximately $2.2 million, around 8 hours ago. This brings their total profit from MKR trading to an impressive $9.23 million.

曾交易 $MKR 获利 851 万美金的聪明钱疑似在 8 小时前出售 1150 枚 MKR(约 220 万美金),截至目前两轮波段已获利 923 万美金🆒

该地址当前仍持有 6919 枚 MKR,价值 1326 万美金,建仓价格 $1997

根据 Arkham 地址标签显示,该地址或归属于 Amber Group🤔 pic.twitter.com/tIc4sQIArw

— Ai 姨 (@ai_9684xtpa) August 6, 2024

Currently, this address holds 6,919 MKR, worth about $13.26 million, with an average position price of $1,997 per MKR. According to tags from Arkham, this address is likely associated with the Amber Group, a prominent crypto trading firm.

In another notable transaction, a whale who opened a position at the peak price of $3,117 per MKR in April this year has recently exited the market. This whale sold off their MKR holdings about 6 hours ago, incurring an estimated loss of $3.95 million.

3,290 MKR Withdrawn From FalconX Between April 16th To April 18th

This address had withdrawn 3,290.93 MKR from FalconX between April 16 and April 18, worth approximately $10.26 million at the time. The tokens were transferred to another address, 0xb7f…4c0Cb, three weeks ago and were finally deposited into an exchange six hours ago, resulting in a nearly 39% loss.

今年四月以均价 $3117 高点建仓 $MKR 的巨鲸疑似于 6 小时前割肉清仓,预计亏损约 395 万美金😔

该地址在 04.16 – 04.18 期间从 #FalconX 提出 3290.93 枚 MKR,价值 1026 万美金;三周前将代币转移至地址 0xb7f…4c0Cb 并在六小时前充值进交易所,亏损近 39%

钱包地址 https://t.co/5Bapv04S3t pic.twitter.com/WoRhRVLAdZ

— Ai 姨 (@ai_9684xtpa) August 6, 2024

These significant trades highlight the volatility and strategic maneuvers within the MKR market. The smart trader’s substantial profits contrast sharply with the whale’s considerable losses, showcasing the high stakes and potential for both gains and losses in the crypto trading arena. As the market continues to fluctuate, the actions of these key players will undoubtedly influence MKR’s price movements and market sentiment.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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