MKR Holdings Show Increased Investment Despite Recent Losses

Blockchain analyst @ai_9684xtpa revealed that the address 0xc23…4D649 has recently increased its holdings of MKR tokens after a month-long pause, with the current value surpassing $10.34 million. This follows an earlier withdrawal of 2,979 MKR tokens worth approximately $5.22 million from FalconX five hours ago. Notably, over the past two months, this address has accumulated a total of 8,753 MKR tokens at an average withdrawal price of $1,948 per token, resulting in a current unrealized loss of $1.421 million.