$MKR price is up 16% over the past 24 hours. Here are some on-chain highlights for $MKR:

1. MakerDAO founder, Rune Christensen (Twitter @RuneKek) spent another 350K $DAI to buy 335.343 $MKR at $1,044 between 20 and 13 hours ago:

Notably, the founder has swapped a total of 1.61M $DAI for 1,613 $MKR over the past week:

• Jul-16: 620K $DAI for 620.771 $MKR at ~$999
• Jul-18: 200K $DAI for 213.174 $MKR at $938.2
• Jul 19: 440K $DAI for 443.573 $MKR at ~$992
• 20 to 13 hrs ago: 350K $DAI for 335.343 $MKR at $1,044 and removed 300.7 $MKR and 305.8K $DAI from a liquidity pool on Uniswap.

Check out:

• address: 0x0f89d54b02ca570de82f770d33c7b7cf7b3c3394
• visualizer here
• previous signal here

2. a16z deposited 1.5K $MKR to Coinbase at $1,035 ($1.55M) 14 hours ago (TXID here):

Notably, a16z has been depositing 1.5K $MKR per day from wallet 0xd52 to Coinbase over the past 4 days:

• average depositing price was $970.35 (total 6,003 $MKR ~ $5.83M)
• those 6,003 $MKR came from the 6,432 $MKR ($5.56M) that they transferred to wallet 0xd52 6 days ago (TXID here)

a16z also just transferred 6.9K $MKR ($8.08M) to a fresh wallet 0x127 (TXID here).

Check out:

• address 1: 0x05e793ce0c6027323ac150f6d45c2344d28b6019 (main wallet holds 12,396 $MKR ~ $14.5M)
• address 2: 0xd52055a39a3d2f7505c739f981f296ea31b50191 (tends to deposit to Coinbase)

• address 3: 0x127941a7741bf11b0391fe995beb60852e5ec13f (fresh wallet holds 6.9K $MKR ~ $8.05M)
• visualizer here
• previous signal here

3. CMS Holdings deposited 525.2 $MKR to Binance at $1,186 ($622.6K) 1 hour ago (TXID here):

Overall, the VC:

• accumulated a total of 1,325 $MKR from Binance and Biget from Jun 26 to just 14 hours ago, at an average price of $799.5 ($1.06M)
• deposited 525 $MKR to Binance at $1,186 as soon as $MRK price skyrocketed just now
• realized an estimated profit of ~$203K (ROI: 48.3%) if truly selling
• is on track to earn $294K more as still holds 800 $MKR (~$935K)

Check out:

• address: 0xc02ad7b9a9121fc849196e844dc869d2250df3a6
• visualizer here