Whales have been particularly active with MKR, but with different attitudes, in the past hour:

1. Five whales (likely one person) deposited a total of 9,696 MKR ($13.9M) to Coinbase at an average price of $1,438:

• address 1: 0x0CADc0aFa6aAd47D0cD3Ff0FaD2C83E94CF53CAf
• address 2: 0x900FDF7Bd63f6adf1F01f92f1950beCA6fE71CfA
• address 3: 0xD1DfA98783Fe3b11Fa21941707d6d26091351777
• address 4: 0x2c2b4BfB38C9E96b6357167da89339E7774EFd09
• address 5: 0x05BcE970BCD6dC3D5F80651DcB54FEFB16F79A4A
• check out the five whales' visualizer here

Notably, they accumulated those 9,696 MKR (then $11.6M) from Coinbase at an average price of $1,200 before the price surged in late July.

The whale will realize an estimated profit of $2.3M (+19.7%) if truly bought and sold.

Fig 1. The five whales' overall MKR trading history.

2. Whale 0xd4e accumulated 7,155 MKR ($10.3M) from Coinbase at an average price of $1,437 around 30 minutes ago:

• transaction: 0x11a7fa39c6d2fb2f5282c445b059554ef07e9e4a50f01574341e522b9f0398dd

• address: 0xd4e3e406e6680301a7afe8bfc2c64a81f923e1f5
• check out whale 0xd4e's visualizer here

The whale then transferred 7,155 MKR to address 0x14ceff4bc1ec64d7dd3c49538c10bbebd4e1f1b5. Notably, he seems to belong to a network of whales who have been bag-holding 44,941 MKR ($64.5M) since July 27, allegedly the largest retail holder of MKR.

The entity currently has an estimated unrealized profit of $3.83M (+6.3%) from MKR.

Fig 2. The whales' MKR-accumulating history.

Fig 3. The network of whales currently holds 44,941 $MKR ($64.5M).