Whales Offloading Maker As MKR Price Struggles

BlockTower Capital sold 1,815 Maker (MKR) tokens for $2.48 million. In this transaction, AVALON traded 653,000 EIGEN tokens for $2,385,000, which Galaxy Digital completed. This has significantly affected MKR price. This methodical reallocation of asset profiles by one of the leading market participants explains the volatility in the cryptocurrency market. As well as the swift […] source: https://www.thecoinrepublic.com/2024/10/11/whales-offloading-maker-as-mkr-price-struggles/