MakerDAO’s $MKR Faces Decline As Whales Make Moves

MakerDAO’s $MKR Faces Decline As Whales Make Moves

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Source: TheMerkle.com

MakerDAO’s native token $MKR has experienced a 4% decline in the past 24 hours and a 6% drop over the course of the last 7 days, signaling a challenging period for the cryptocurrency.

Recent on-chain reports reveal that MakerDAO Multisign 0xbba has deposited 421.985 MKR, equivalent to $1.29 million, to Wintermute Trading OTC at a price of $3,046 before the price downturn.

This deposit adds to the multisign’s overall

Read More https://themerkle.com/makerdaos-mkr-faces-decline-as-whales-make-moves/

The post "MakerDAO’s $MKR Faces Decline As Whales Make Moves" appeared first here TheMerkle.com.

Source: TheMerkle.com

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