An on-chain analysis reveals that a whale has liquidated MKR while still holding 2.494 million UNI, reflecting ongoing trading strategies in the crypto market.
On July 23, on-chain analyst Yu Jin reported that a whale liquidated 6,252 MKR on Binance, realizing a profit of $5.29 million at an average price of $2,060. The whale withdrew 12.88 million USDT since July 18 and continues to hold 2.494 million UNI, valued at approximately $26.86 million, with a floating profit of $5.93 million.