"Whale Investor Deposits 2561 Maker (MKR) to Binance... Estimated Loss of 1.8 Billion Won"

Image = Onchain Lens X Capture

A whale investor has deposited 2561 Maker (MKR) into the global cryptocurrency exchange Binance.

On the 16th, on-chain analyst Onchain Lens stated on X (formerly Twitter), "Today, a whale investor deposited 2561 MKR (approximately $5.02 million) into Binance," adding, "If the whale sold this amount, they would have incurred an investment loss of about $1.3 million (approximately 1.8 billion won)."

The analyst added, "This whale investor had withdrawn $6.3 million worth of MKR six months ago," and "The whale also incurred a loss of $120,000 in a previous investment in Lido DAO (LDO)."