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MakerDAO ($MKR) has been added to Grayscale’s prestigious “Trust” Fund investment portfolio, aligning with other notable assets like Solana ($SOL), Sui ($SUI), Lamden ($TAO), and Chainlink ($LINK). This inclusion allows traditional finance investors to gain exposure to MKR, the utility and governance token of the Ethereum-based decentralized autonomous organization (DAO), MakerDAO, through a more familiar … Read more
Recent activity in the Maker (MKR) market has attracted significant attention, particularly involving major players and substantial trades. A smart trader who previously made a profit of $8.51 million by trading MKR has recently sold 1,150 MKR tokens, valued at approximately $2.2 million, around 8 hours ago. This brings their total profit from MKR trading … Read more
In the past 24 hours, the largest holder of $MKR has withdrawn 973 $MKR (valued at $2.76M) from Coinbase Prime. This marks the whale’s first activity in three months, drawing significant attention in the DeFi community. The whale now holds an estimated total profit of $64M (+100%) from $MKR, with a total of 45,109 $MKR … Read more
Data from Crypto AI has highlighted four tokens considered “Gems by Smart DEX Traders” as they near the price range where these traders have been accumulating: MKR, ONDO, TAO, and INJ. 1. MKR: Over the past seven days, MKR has seen an accumulated volume of $614.7K, with traders buying at an average price of $2.76K. … Read more
In the past three days, MakerDAO-related wallets have deposited 5,750 MKR tokens, valued at approximately $16.76 million, to Binance. This activity continues a trend of selling MKR that began on April 24, with most sales occurring at high prices. Since April 24, these wallets have deposited a total of 18,900 MKR, worth $53.83 million, to … Read more
Despite lagging in 2023, DeFi 1.0 assets are now positioned for a significant breakout. DeFi blue chips like AAVE, Maker (MKR), and Lido (LDO) are hitting all-time high revenues even as their valuations remain low. This trend is driven by several factors, including a pro-crypto U.S. landscape, ETH institutional adoption via ETFs, a stronger focus … Read more
MakerDAO has emerged as the standout performer in the multi-cycle DeFi space, surpassing Ethereum’s growth since the beginning of 2021. The DAO’s recent Endgame proposal has injected fresh momentum into its asset, bolstering its already robust fundamentals. In terms of revenue, MakerDAO has maintained a dominant position within the DeFi sector, capturing nearly 40% of all … Read more
$MKR has surged by 7% today, leading the list of tokens being accumulated by smart money over the past 24 hours. Notable investors have been taking action, indicating a bullish sentiment towards the token. One prominent wallet, 0x3737, known as “Thiswillmakeyouloveagain,” has been actively buying $MKR. In the past three hours alone, this wallet purchased … Read more
MakerDAO’s native token $MKR has experienced a 4% decline in the past 24 hours and a 6% drop over the course of the last 7 days, signaling a challenging period for the cryptocurrency. Recent on-chain reports reveal that MakerDAO Multisign 0xbba has deposited 421.985 MKR, equivalent to $1.29 million, to Wintermute Trading OTC at a … Read more
Over the past day, the governance token of the Maker Protocol, MKR, has faced a downturn, with its value dropping by up to 8%. On the weekly chart, the decline extends to 13%. Despite this bearish trend, insights from Spotonchain, an on-chain data tracking platform, shed light on an interesting development: whales and institutions are … Read more
