An early MKR holder has sold their first 251.53 MKR ($408K) after over 7 years, exchanging it for 172.461 ETH at $1,624.
Address: 0x07a3cf45998d27555989a8ba86436a92b0a626a0
This holder bought 451.529 old MKR very early, between January 20 and March 2, 2017 (MKR's inception).
The MKR was transferred via multiple wallets before settling in 0x07a.The old MKR tokens were migrated to the current version on October 11, 2020.
The early holder still retains 200 MKR ($326K).
MKR has dropped 24% following MakerDAO's rebranding to Sky due to market conditions and criticism over its "freeze function".