Largest $MKR Holder Withdraws $2.76M From Coinbase Prime Amid DeFi Growth
In the past 24 hours, the largest holder of $MKR has withdrawn 973 $MKR (valued at $2.76M) from Coinbase Prime.
This marks the whale’s first activity in three months, drawing significant attention in the DeFi community.
The whale now holds an estimated total profit of $64M (+100%) from $MKR, with a total of 45,109 $MKR ($124M) in their possession. The holdings are distributed across two wallets:
– 44,420 $MKR ($122.4M) in wallet “0x14c,” the largest non-team MKR-holding wallet.
– 689 $MKR ($1.91M) in wallet “0x78a”.
The largest holder of $MKR withdrew 973 $MKR ($2.76M) from #CoinbasePrime 4 hours ago.
Notably, this is the whale’s first activity in the past 3 months.
The whale now has an est. total profit of $64M (+100%) from $MKR with 45,109 $MKR ($124M) in holding, including:
➡️ 44,420… pic.twitter.com/tWH5dRIC7f
— Spot On Chain (@spotonchain) August 1, 2024
$MKR has emerged as a major player and one of the strongest tokens in the DeFi protocol space, bolstered by the recent Real World Assets (RWA) narrative.
Coinbase Announced Launch Of Perpetual Listing For $MKRToday, Coinbase announced the launch of DYM-PERP, MKR-PERP, and AAVE-PERP markets, which are now fully trading on Coinbase International Exchange and Coinbase Advanced. Traders can now utilize limit, market, stop, and stop limit orders in these markets.
Our DYM-PERP, MKR-PERP, and AAVE-PERP markets are now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available. $DYM $MKR $AAVE pic.twitter.com/ms5Z6YgJLl
— Coinbase International Exchange