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Anchorage Digital transfers 25,562 MKR to institutional business platform address, potentially for sale on CEX
Summary: According to on-chain analyst Yu Jin, 25,562 MKR ($42.6 million) was transferred from 10 Anchorage Digital custody addresses to an institutional business platform address half an hour ago, possibly for further transfer to CEX for sale. These 25,562 MKR were accumulated and stored through Anchorage Digital in January 2024 at an average price of $2,073. ...
According to on-chain analyst Yu Jin, 25,562 MKR ($42.6 million) was transferred from 10 Anchorage Digital custody addresses to an institutional business platform address half an hour ago, possibly for further transfer to CEX for sale. These 25,562 MKR were accumulated and stored through Anchorage Digital in January 2024 at an average price of $2,073. Today, almost two years later, they were transferred out at a price of only $1,667, resulting in a loss of $10.38 million.
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Link: Anchorage Digital transfers 25,562 MKR to institutional business platform address, potentially for sale on CEX [Copy]