2 days
Auto generation
Whale closed MKR trade with a small profit after holding for 4.5 years
Outflow
Related addresses
Total tokens transferred
800.003
MKR
Related transactions
Whale 0xb40 just deposited the remaining 800 MKR ($1.2M) to Binance:
- transaction: 0x33805354f7ba72f322a263faae0e52fbaab341b2ccdd92e70608cec26af741b4
- address: 0xb40575395e99dda9cabf892ef60db77aee710902
Notably, this allegedly marked the end of the whale's second MKR trade with a modest estimated profit of $42K (+2.83%) after nearly 4.5 years:
- withdrew 1,166 MKR from Binance, OKX, HTX (then Huobi), and Gate.io in late 2020 and late 2023 at an average price of $1,271 (estimated cost: $1.48M);
- deposited the tokens back to Binance at an average price of only $1,307 ($1.53M) on February 10 and 24, 2025.
Previously, the whale had also realized a small profit of $22.7K (+62.2%) from the first trade between March 17 and May 5, 2020.
The MKR price dropped over 8% in the past 24 hours.
Fig 1. The overall MKR trading history of Whale 0xb40.
#mkr
#makerdao
#deposit
#binance
#profit
#small
#price drop
#long-term
#dormant
