Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Investment institution BlockTower Capital sold 1,815 MKR through Galaxy Digital 7 hours ago

Investment institution BlockTower Capital sold 1,815 MKR through Galaxy Digital 7 hours ago

CointimeCointime2024/10/10 02:54
By:Cointime

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).

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Experts Anticipate a Surge for SUI Cryptocurrency Based on Positive Indicators

In Brief SUI cryptocurrency shows optimism through positive technical indicators. Experts believe SUI is poised for a potential upward movement. Institutional predictions suggest significant price levels could be reached for SUI.

Cointurk2025/04/22 23:33
Experts Anticipate a Surge for SUI Cryptocurrency Based on Positive Indicators

Massive OM Token Burn Sparks Investor Debate and Market Tension

In Brief Mullin announced a significant burn of 300 million OM tokens to reduce supply. Investor confidence is shaken as whale movements raise concerns about potential sell-offs. Market sentiment remains crucial as analysts call for additional measures for recovery.

Cointurk2025/04/22 23:33
Massive OM Token Burn Sparks Investor Debate and Market Tension