Whales begin to accumulate MKR.
MakerDAO’s Spark protocol saw massive growth and attracted new addresses to DAI.
According to recent data posted by Lookonchain, whales have started to accumulate MakerDAO [MKR] in large amounts over the last few weeks.
Notably, a significant withdrawal of 2,251 MKR ($3.18 million) was executed by a whale from the Binance [BNB] platform.
Fresh whale wallets are accumulating $MKR, $AAVE, $IMX, and $FET!
0x04e9 withdrew 47,096 $AAVE($4.7M) and 2,251 MKR($3.18M) from #Binance 10 hours ago.https://t.co/TbOkgxxLXH3 fresh wallets (funded by the same address, possibly belonging to the same person) withdrew 2.57M… pic.twitter.com/274oy9atSq
— Lookonchain (@lookonchain) December 25, 2023
Whale interest on the rise
This behavior by whales could have both positive and negative implications for MKR.
On the positive side, the reduction in circulating supply could potentially create upward price pressure, benefiting MKR holders. The market’s perception of thi
We współpracy z: https://ambcrypto.com/makerdao-is-whale-interest-the-catalyst-mkr-needs/
