According to on-chain analyst Yu Jin, as reported by Jinse Finance, investment firm BlockTower sold 1,815 MKR (worth $2.48 million) via Galaxy Digital 7 hours ago. BlockTower Capital had acquired 12,502 MKR from Coinbase/FTX/Kraken and other CEXs at an average price of $1,055 between May and November 2022. They began selling MKR in December last year and have sold a total of 7,664 MKR (worth $11.62 million) over the past 10 months at an average price of $1,516, realizing a profit of $3.53 million from this sale. They currently hold 7,662 MKR (worth $10.37 million).
