Justin Sun Moves $4.3M of MakerDAO's Tokens to Binance: Blockchain Data

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Justin Sun Moves $4.3M of MakerDAO's Tokens to Binance: Blockchain Data
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Crypto investor justinsuntron moved $4.3 million of $MKR tokens to Binance, a possible sign he plans to sell amid MakerDAO’s major governance overhaul. sndr_krisztian reports

The spot market of MKR is thin and illiquid, meaning that a large sell order can significantly move the token price. A sell order for 525 MKR on the MKR/USDT pair on Binance, the most liquid market for the token, may cause a 2% price decline, according to Cryptowatch data.

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