Is Every Drop a Buying Opportunity? The Answer, According to These Five Fresh Wallets: “Yes!” They Collected a Huge Amount of This Altcoin from Binance!

Bitcoin (BTC) under the leadership altcoinWhile there is a decline in prices, whales turn the decline into an opportunity and pursue new purchases.

At this point, it is generally on the radar of whales. Maker DAO (MKR) There was whale activity on the front.

According to Spot on Chian’s post, five new wallets purchased 2,650 MKR from Binance, worth $9.52 million.

While these wallets have already generated a profit of $619 thousand, the wallets are thought to belong to a single institution.

5 new wallets MKR While making the purchase, a wallet affiliated with Maker DAO also transferred 505 MKR worth $1.91 million to Wintermute.

“MKR price has recovered to around 7% (in about 10 hours) after the last market drop, but whales seem to have different views on the token!

1. Multisign 0xbba wallet (affiliated with MakerDAO) moved 505 MKR ($1.91 million) to Wintermute Trading OTC at approximately $3,788 in the last 13 hours.

5 new wallets (presumably owned by an institution) purchased 2,650 MKR ($9.52 million) from Binance 10 hours ago at around $3,592 (local bottom) and they are now collectively making a profit of $619k (+6.5%).”

the $MKR price rebounds by ~7% (10H) from the recent market bottom but whales seem to have different views towards the token!

1. Multisign 0xbba (linked to @MakerDAO) further moved 505 $MKR ($1.91M) to #Wintermute Trading OTC at ~$3,788 in the past 13hrs.https://t.co/e1UEN9yZCs

2.… pic.twitter.com/ERNzb6TmiQ

— Spot On Chain (@spotonchain) April 3, 2024

*This is not investment advice.