According to TechFlow, an on-chain analyst, Ember, monitored a whale address that bought 1,682 MKR (worth about $1.95 million) at an average price of $1,159 from September 13 to 21 and began to sell MKR for profit. The address started selling MKR for ETH 2 hours ago: 807 MKR (worth about $1.19 million) has been sold at an average price of $1,479.
The address currently holds 875 MKR (worth approximately $1.28 million). If all are sold, he will realize a profit of $520,000 (+27%).
