According to on-chain analyst Yu Jin, 7 hours ago, investment firm BlockTower sold 1,815 MKR (worth $2.48 million) through Galaxy Digital. BlockTower Capital withdrew 12,502 MKR from CEX between May and November of 2022 at an average price of $1,055 per MKR. They then began selling MKR in December last year and have so far sold a total of 7,664 MKR (worth $11.62 million) over the past ten months at an average price of $1,516 per MKR. The sale realized a profit of $3.53 million. Currently they still hold 7,662 MKRs (worth $10.37 million).