Maker Protocol’s Governance Token (MKR) Experiences Decline, Yet Whales and Institutions Accumulate...

Maker Protocol’s Governance Token (MKR) Experiences Decline, Yet Whales and Institutions Accumulate Amidst Dip

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Source: TheMerkle.com

Over the past day, the governance token of the Maker Protocol, MKR, has faced a downturn, with its value dropping by up to 8%. On the weekly chart, the decline extends to 13%.

Despite this bearish trend, insights from Spotonchain, an on-chain data tracking platform, shed light on an interesting development: whales and institutions are seizing the opportunity to accumulate MKR during the dip.

According to Spotonchain’s reports, a notable

Read More https://themerkle.com/maker-protocols-governance-token-mkr-experiences-decline-yet-whales-and-institutions-accumulate-amidst-dip/

The post "Maker Protocol’s Governance Token (MKR) Experiences Decline, Yet Whales and Institutions Accumulate Amidst Dip" appeared first here TheMerkle.com.

Source: TheMerkle.com

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