According to on-chain analyst Ember, 7 hours ago, investment institution BlockTower Capital sold 1,815 MKR (US$2.48 million) through Galaxy Digital.
-BlockTower Capital withdrew 12,502 MKR from CEXs such as Coinbase/FTX/Kraken from May to November 2022, with an average price of US$1,055.
-Then they started selling MKR in December last year, and have sold a total of 7,664 MKR (US$11.62 million) in the past 10 months, with an average price of US$1,516. The sold part realized a profit of US$3.53 million.
-Currently, they still hold 7,662 MKR (US$10.37 million).