It Could Still Lead to a Sharp Fall in the Altcoin Price, Which Has Been Dropped to the Bottom by Whale Sales!

The whale that triggered the altcoin price pullback by selling may still sell.

On-chain analytics platform Lookonchain published on Twitter on January 29. to the post According to what he did in the last 4 days Maker (MKR) price with sales 7.6% The whale that contributed to its decline may start selling again.

In the post, the whale $2,002 within 4 days at average price 2,658 MKR to 5.37 million It was stated that he sold it for DAI.

Since the whale started selling MKR price to 8% experiencing imminent depreciation to $1,940 decreased by .

Lookonchain is still in the hands of the whale $3.9 million worth More than 2 thousand MKR Stating that it was, he called on people to be careful about possible sales.

According to CoinGecko data, MKR is where the whale started selling from January 25 It has been decreasing steadily since then. In the last 24 hours 3.2% withdrawn MKR, at the time of writing from $1,947 finds buyers.


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