As monitored by on-chain analyst Yu Jin, an address withdrew 1,001 MKR (worth $1.42 million) from Binance two days ago at an average price of $1,420 per MKR. Just 10 minutes ago, the same address transferred the 1,001 MKR back to Binance and sold them, causing the price of MKR to drop to $1,365. The investment in MKR by this address resulted in a loss of $40,000 (-3%).
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