A whale sold all 1,230 MKRs in the past 8 hours, making a profit of US$418,000

Reprinted from panewslab
02/21/2025·2MAccording to Spot On Chain monitoring, a smart whale has cashed out as MKR prices rise by about 20%. In the past 8 hours, Whale 0x637 ("inveteratus.eth") sold all 1,230 MKR for approximately $1,448 in exchange for US$1.78 million, and made a profit of $418,000 in less than a month (+30.6%). Back in April 2024, the whale made a profit of $1.86 million from previous MKR transactions. This brings their cumulative profit to $2.27 million (+107%) with a 100% winning rate.