According to ChainCatcher, as monitored by Ember, 25,562 MKR (approximately $42.6 million) were transferred from 10 Anchorage custody addresses to an institutional business platform address, and may be headed to a CEX.
This batch of MKR was custodied in January 2024 at an average price of $2,073, and is currently being transferred out at a price of $1,667, resulting in an unrealized loss of $10.38 million.