MKR Sale Nets $9.4 Million USDT on Binance

A high-profile crypto whale has sold 2,831 MKR, converting the tokens into $5.927 million USDT on Binance, with recent activity monitored by @EmberCN.

While the MKR sale indicates a strategic partial liquidation, the whale’s continued holding of 2.494 million UNI signals a focused position on Uniswap’s governance token. This action reflects typical profit-taking patterns seen during market rallies, without triggering significant market volatility. Binance and other related networks await further movements from the whale.

Whale’s MKR Sale on Binance Yields $5.927 Million USDT

The crypto whale sold 2,831 MKR for $5.927 million USDT on Binance, transferring 1,700 MKR prior to the sale, signaling a strategic move that reduced exposure to MKR while retaining UNI holdings. Monitor @EmberCN revealed this activity, emphasizing the whale’s focus on UNI and MKR since February. There is no substantial negative impact on MKR’s value or liquidity pools presently, though large sales often create short-term market shifts. Despite the significant transfer, price disruption in MKR or UNI is negligible. Market leaders, including Uniswap and MakerDAO teams, remain silent on this transaction, suggesting typical portfolio management by the whale. EmberCN continues to track developments.

Currently, there are no direct statements or quotes from key players or leadership regarding the actions of the crypto whale in question. The whale remains unidentified and there have been no communications from the founders, CEOs, or other key opinion leaders (KOLs) of Uniswap or MakerDAO addressing this specific situation.

UNI Market Remains Stable with Whale’s Portfolio Strategies

Did you know? Previous whale liquidations in DeFi governance tokens like MKR and UNI have led to temporary volume surges and minor price retracements, without longer-term bearish outcomes.

With UNI priced at $10.13 and 24-hour trading volume dropping by 71.70%, Uniswap’s market cap stands at $6.37 billion. The price of UNI has seen a substantial rise of 90.79% over the last 90 days. Data from CoinMarketCap as of July 19, 2025, shows an overall growth, highlighting UNI’s enduring market presence.

The Coincu research team suggests the whale’s actions are routine in the DeFi sector as liquidity is preferred. Potential regulatory scrutiny remains limited given existing guidelines and asset stability, further establishing DeFi’s maturing landscape.