Early MKR Investor Cashes Out After 7 Years with $408K in ETH

The post Early MKR Investor Cashes Out After 7 Years with $408K in ETH appeared first on Coinpedia Fintech News

A super early holder of MakerDAO’s token MKR has exited their position after over seven years. The individual purchased 451.5 MKR in 2017 at an average price of $23. Earlier today, the 251.5 MKR was sold for $408,000 to convert into 72.5 $ETH at $1,624 per ETH token. In this trade, the individual made an impressive 70x return on their investment.