"Whale Investor Deposits 2561 Maker (MKR) to Binance... Estimated Loss of 1.8 Billion Won"
Minseung Kang
Summary
- A whale investor deposited 2561 Maker (MKR) into Binance, with an estimated loss of about 1.8 billion won if sold.
- An on-chain analyst revealed that the whale had previously withdrawn $6.3 million worth of MKR six months ago.
- The whale also experienced a loss of $120,000 in a previous Lido DAO (LDO) investment.
A whale investor has deposited 2561 Maker (MKR) into the global cryptocurrency exchange Binance.
On the 16th, on-chain analyst Onchain Lens stated on X (formerly Twitter), "Today, a whale investor deposited 2561 MKR (approximately $5.02 million) into Binance," adding, "If the whale sold this amount, they would have incurred an investment loss of about $1.3 million (approximately 1.8 billion won)."
The analyst added, "This whale investor had withdrawn $6.3 million worth of MKR six months ago," and "The whale also incurred a loss of $120,000 in a previous investment in Lido DAO (LDO)."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
