Anchorage Digital custodied address sent 25,562 MKR to the institutional business platform address, or will transfer to a CEX for sale
BlockBeats News, September 9th, according to on-chain analyst Yu Jin's monitoring, 25,562 MKR ($42.6 million) was transferred from 10 Anchorage Digital custody addresses to an institutional business platform address half an hour ago, potentially for further transfer to a CEX for sale.
This 25,562 MKR was accumulated in January 2024 through Anchorage Digital custody at an average price of $2,073. Today, nearly two years later, it was transferred out when the MKR price is only $1,667, resulting in a loss of $10.38 million.
You may also like

Error Prevented Content Extraction: Causes and Solutions
Key Takeaways Excessive requests can result in blocked access to data sources. Ensuring adherence to API usage policies…

80% of oil income settled in stablecoins, Venezuela makes USDT its second currency

New Drag-to-Set TP/SL Candlestick Chart Feature on Web
Make risk management more intuitive and efficient! The WEEX web platform is introducing the "Drag-to-set TP/SL" feature.

zkSync Price Forecast – ZK Value Anticipated to Decline to $0.026629 by January 15, 2026
Key Takeaways zkSync’s current price is $0.034635, with an anticipated drop to $0.026629 by mid-January 2026. The crypto…

South Korea to Lift Longstanding Ban on Corporate Crypto Investments
Key Takeaways South Korea is lifting a nine-year ban on corporate cryptocurrency investments, allowing firms to invest up…

Coinbase May Withdraw Support for CLARITY Act Amid Stablecoin Rewards Ban Debate
Key Takeaways Potential Withdrawal: Coinbase is considering withdrawing support for the CLARITY Act if it restricts stablecoin rewards.…

Vietnam Sets Mid-January Timeline for Pilot Crypto Exchange Approvals
Key Takeaways Vietnam aims to regulate its growing cryptocurrency market by licensing pilot digital asset exchanges under a…

Pentagon Pizza Index Soars 1250%: Who Will Be the Next Venezuela?

Predicting Contrarian Buy Pressure in the Market: Who is Taking the Other Side of Your Trade?

$250 Billion, 6723 Rounds of Funding: Where Did Crypto VCs Invest in 2025?

Nike Sells its NFT and Virtual Sneakers Amid Waning Interest in Digital Art
Key Takeaways Nike has discreetly sold its NFT and virtual sneakers subsidiary, RTFKT, as interest in digital collectibles…

Karatage Welcomes Shane O’Callaghan as Senior Partner in Strategic Move
Key Takeaways Karatage, a London-based hedge fund, appoints Shane O’Callaghan as a senior partner to enhance its institutional…

The US has had a president impeached twice, and Trump's platform says it's not an "insurrection."

After the Profit Taking Frenzy, Crypto Market Makers Dive into the "Deep End"

Polygon Ecosystem Token is Projected to Drop to $ 0.091448 by Jan 09, 2026
Key Takeaways The Polygon Ecosystem Token (POL) is expected to decrease by 23.29% within the next five days,…

Trader Turns $321 into $2.18M in Just 11 Days With This Solana Meme Coin
Key Takeaways: A trader managed to transform a $321 investment into a remarkable $2.18 million in just 11…
Leaving behind the chaotic early days, crypto market makers are celebrating their coming of age
The life-or-death struggle for crypto market makers is like a species evolution under extreme conditions.

Stuck in a Local Optimum, Predictive Analytics Should Not Stop Here
Error Prevented Content Extraction: Causes and Solutions
Key Takeaways Excessive requests can result in blocked access to data sources. Ensuring adherence to API usage policies…
80% of oil income settled in stablecoins, Venezuela makes USDT its second currency
New Drag-to-Set TP/SL Candlestick Chart Feature on Web
Make risk management more intuitive and efficient! The WEEX web platform is introducing the "Drag-to-set TP/SL" feature.
zkSync Price Forecast – ZK Value Anticipated to Decline to $0.026629 by January 15, 2026
Key Takeaways zkSync’s current price is $0.034635, with an anticipated drop to $0.026629 by mid-January 2026. The crypto…
South Korea to Lift Longstanding Ban on Corporate Crypto Investments
Key Takeaways South Korea is lifting a nine-year ban on corporate cryptocurrency investments, allowing firms to invest up…
Coinbase May Withdraw Support for CLARITY Act Amid Stablecoin Rewards Ban Debate
Key Takeaways Potential Withdrawal: Coinbase is considering withdrawing support for the CLARITY Act if it restricts stablecoin rewards.…