According to on-chain analyst Ember Monitoring, 7 hours ago, investment institution BlockTower sold 1,815 MKR ($2.48 million) through Galaxy Digital.
BlockTower Capital raised 12,502 MKR at an average price of $1,055 from
Coinbase/FTX/Kraken CEX during 2022/5-11. Then they started selling MKR in December last year and have sold a total of 7,664 MKR ($11.62 million) at an average price of $1,516 in 10 months.
This part of the sale realized a gain of $3.53 million. They currently hold 7,662 MKR ($10.37 million).