A whale sold 1,230 MKR and made a profit of $418,000

according to on-chain analyst Spot On Chain's monitoring, the address inveteratus.eth sold all of its 1,230 MKR tokens when the price of MKR rose by about 20%, receiving 1.78 million USDC, realizing a profit of about $418,000 (+30.6%).

The address had previously made a profit of $1.86 million in MKR trading in April 2024, accumulating a total profit of $2.27 million (+107%).