Early MKR Investor Sells $408K Worth Of Tokens, Holds $326K In Remaining Assets

An early MKR holder, identified by wallet address “0x07a,” has sold 251.53 MKR tokens for 172.461 ETH, valued at around $408K, at a price of $1,624 per token.

This long-time investor originally accumulated 451.529 MKR tokens during the token’s early days, between January 20 and March 2, 2017, when the price was a mere $23.

The tokens were purchased through the wallet address “0x28E632F8838dcc6C558856d7FC1115143c3e8585” and then transferred across several wallets before eventually resting in the current wallet, “0x07a.”

On October 11, 2020, the investor migrated their MKR holdings to the new version of the tokens and continued to hold all of them in the same wallet until the recent sale.