- Lookonchain revealed in an X post today that 3 whales have withdrawn large amounts of MKR from OKX and Binance.
- The largest transaction, worth $1.46 million, saw 1,001 MKR tokens transferred out of Binance.
- From a technical perspective, the RSI line crossed above the RSI SMA line on MKR’s daily chart recently.
The on-chain tracking platform Lookonchain revealed in an X (formerly Twitter) post earlier today that 3 whales are in the process of accumulating Maker (MKR). According to the post, these large MKR holders withdrew more than $3 million collectively from both Binance and OKX.
3 whales are accumulating $MKR!0x9e withdrew 869 $MKR ($1.27M) from #Binance 19 hrs ago and holds 3,549 $MKR ($5.17M).
Fresh wallet"0x6b" withdrew 1,001 $MKR ($1.46M) from #Binance 20 hrs ago.
0xB4 withdrew 300 $MKR ($437K) from #OKX 11 hrs ago and holds 800 $MKR ($1.17M). pic.twitter.com/bHYDFAoEr4
— Lookonchain (@lookonchain) October 16, 2023
The first withdrawal performed over the past 24 hours by these whales was initiated by the whale 0x6b. This particular whale withdrew 1,001 MKR, valued at $1.46 million, from Binance. Just an hour later, whale 0x9e also transferred MKR t…
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