Maker is currently in a downward range after rejecting a key level two weeks ago. However, it appeared to have found temporal support and is now gaining traction following a small increase since yesterday. After dropping for almost three months, Maker reached an exhaustion selling point and bounced briefly above […]
Tag: MKR
Multisign Address And Whale Activity Impacting MKR And ENS Markets
A multisignature address, likely associated with UDHC/MakerDAO and identified as 0xbba, has recently deposited its remaining 628 MKR (worth $1.77 million) to Binance through an intermediary wallet, 0x1cc. Over the past four months, this address has deposited a total of 30,971 MKR to Binance and Wintermute Trading at an average […]
Surge In Wallet Activity For Render, Aave, And Maker Indicates Potential Bullish Trends
Render (RNDR), Aave (AAVE), and Maker (MKR) have recently seen significant increases in address activity, suggesting potential bullish trends for these altcoins. Historically, rising levels of wallet interactions on blockchain networks are often early indicators of future price gains. Six hours ago, the Render Network project’s multi-signature address transferred 1.6 […]
Growing Interest In $MKR Driven By Strong Fundamentals And Strategic Investments
Interest in $MKR has surged recently, primarily due to its robust financial performance and strategic potential. MakerDAO, the project behind $MKR, is generating $85 million in quarterly revenue, reaching an all-time high. With nearly all $MKR coins already in circulation, the project stands out in a market where many are […]
MakerDAO’s Stellar Growth And The Bullish Case For $MKR
MakerDAO has achieved an impressive milestone, marking five consecutive quarters of revenue growth. Despite this, $MKR continues to trade at historical price-to-sales (P/S) lows, making it an enticing prospect for investors. The anticipation surrounding the rebrand and launch of NewStable further solidifies $MKR as a token too cheap to ignore. […]
Whales Move Large Sums Of $MKR And $LDO Onto FalconX
In a significant development an hour ago, two whale addresses, possibly controlled by the same individual, deposited substantial amounts of $MKR and $LDO onto FalconX. The activity has drawn considerable attention in the crypto community. Wallet 0x3a2c (icrypto.ai/wallet/0x3a2C4…) deposited 2.4 million $LDO, valued at $3.78 million, while retaining a balance […]
Real World Assets Surge In Value: Maker RWA Leads The Market With $3.37 Billion TVL
The Total Value Locked (TVL) in Real World Assets (RWA) has seen remarkable growth, with Maker RWA dominating the market, reaching a peak of $3.37 billion in 2023. Ondo Finance holds a strong second place in TVL, maintaining a range between $154 million and $203 million. MatrixDock and Solv Funds […]
Maker DAO’s Governance Token Sees Profit-Taking Amid Price Surge
The price of Maker DAO’s governance token, $MKR, has been on an upward trajectory recently, attracting significant attention from large investors. However, as the token’s value rose, some whales decided to take profits, leading to notable transactions in the past few hours. Recent Large $MKR Whale Sales and Transactions Two […]
Maker DAO’s Governance Token MKR Plunges 11% As Whales Move Tokens To Exchanges
The governance token of the Maker DAO protocol, $MKR, faced a significant decline of up to 11% today, reflecting the ongoing volatility in the cryptocurrency market. Spotonchain, an on-chain analytics platform, provided insights into whale activity surrounding MKR tokens, revealing notable movements to centralized exchanges (CEX). Whale address 0x09e/0xdbb made […]
Maker DAO Token Experiences Slight Decline Amidst Whale Activity
Over the past week, Maker DAO’s native token, $MKR, has encountered a marginal decrease of up to 3%. This decline coincides with notable on-chain activity involving a prominent whale investor, identified as 0xa09. Recent data reveals that Whale 0xa09 recently deposited the remaining 1,488 MKR tokens, valued at $5.43 million, […]
Whales Take Divergent Paths As MKR Price Rebounds Amid Market Volatility
Following a recent market dip, the price of MKR, the native token of MakerDAO, has experienced a notable rebound of approximately 7% within a span of 10 hours. However, insights from whale activity suggest varying perspectives on the token’s trajectory. A multisignature wallet, likely affiliated with MakerDAO, has made significant […]
MakerDAO Token Sees Surge Amidst Onchain Activity
The Maker DAO governance token MKR has witnessed a notable surge in recent days, with gains of 15% recorded over the past week. However, recent onchain activity has brought some volatility to the market. In a significant move, a whale recently offloaded 4,753 MKR tokens in exchange for 17.3M DAI, […]
MakerDAO’s $MKR Continues Steady Growth Amidst Bullish Market Sentiment
MakerDAO, a decentralized organization and software platform built on the Ethereum blockchain, has demonstrated consistent growth over the years, reflected in the bullish performance of its native token, $MKR. $MKR has exhibited positive momentum across all time frames, with impressive gains of 120% in the past 90 days, 61% in […]
Maker (MKR) Tokens Surge Amidst Heavy Trading Activity: What’s Behind the Rally?
Maker (MKR) tokens have experienced a remarkable surge in value, soaring by 14% in the past 7 days and an impressive 56% in the last 30 days. This surge comes amidst notable trading activity, with one particular wallet, likely belonging to a significant investor, making significant deposits to Binance. Over […]
Maker’s Recent Price Surge And Subsequent Decline: What’s Behind The Movement?
The price of Maker (MKR), the governance token of the MakerDAO and Maker Protocol, has experienced significant volatility in recent days, reaching a yearly high of $3.3k before retracing to $2.7k within the past 24 hours. According to on-chain reports from Spotonchain, MakerDAO may have capitalized on the recent MKR […]
MakerDAO’s Endgame Launch Sparks $MKR Price Surge And Whale Activity
The unveiling of MakerDAO’s Endgame Launch has sent the price of $MKR soaring, with the cryptocurrency experiencing a notable surge of over 10% in value today. The rollout of MakerDAO’s Endgame marks a pivotal milestone for the platform, signaling the commencement of an ambitious endeavor aimed at bolstering Maker’s SubDAOs […]
MakerDAO, $MKR Faces Price Decline Following On-Chain Activity And Protocol Changes
MakerDAO ($MKR), known for its significant contribution to real-world asset (RWA) transactions within decentralized finance (DeFi), has experienced a slight price decline in recent hours, influenced by on-chain activity and protocol adjustments. According to reports from on-chain analytics firm Spotonchain, Wallet 0xa58, associated with RuneKek, a MakerDAO co-founder, has sold […]
Examining DAI’s Dominance In The CDP Ecosystem
Recent data from intotheblock’s perspective dashboard sheds light on the stablecoin landscape within the collateralized debt positions (CDP) ecosystem. Thereby, showcasing DAI’s prominent position as the leading stablecoin with the largest number of holders. In the realm of DeFi’s collateralized debt positions, users utilize blockchain-based smart contracts and various cryptocurrencies […]