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An early investor in MKR sold 251.5 MKR in the past 5 hours, realizing approximately a 70x return.

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#DeFi
$MKR
$DAI
$ETH
TechFlow
359Words
Sep 6, 2024


DeepChain TechFlow News, on September 6th, according to Spot On Chain monitoring, an early investor of MakerDAO ($MKR) cashed out a large amount after holding for over 7 years. The holder purchased 451.5 old version $MKR tokens at around $23 in 2017. In the past 5 hours, the investor sold 251.5 $MKR tokens at $1624 each, totaling approximately $408,000, receiving 172.5 $ETH, achieving about 70 times return on investment. Since MakerDAO rebranded as Sky, the token price has dropped by 24%.


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