After holding for 10 years and selling, the addresses belonging to the MakerDAO founding team and investors exchanged 1,050 MKR for 1.316 million USDC.
Svmuu News: According to on-chain analyst Yu Jin, the MakerDAO founding team/investor address (claim address 0x74B... F0E; selling address 0xE26...7dc) sold 1,050 MKR—held for 10 years—20 minutes ago, exchanging them for 1.316 million USDC and transferring the funds to Kraken. This address claimed 1,050 MKR in April 2016; since then, with the exception of the MKR token upgrade and migration in 2018, the MKR has remained untouched.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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