Maker price drop continues as selling pressure on MKR brews across exchanges

United States News News

Maker price drop continues as selling pressure on MKR brews across exchanges
United States Latest News,United States Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Maker, an ERC-20 token native to the Maker Protocol, has registered an increase in its reserves across exchanges. Part of this increase in reserves ca

Maker tokens worth $12.8 million were shed by an institutional crypto trading platform in the past week. MKR supply on exchanges climbed 35% between September 5 and early on Monday, indicative of rising selling pressure. MKR price trades at $1,415, yielding 2.14% losses for holders over the past week. n be attributed to a move from institutional crypto trading platform FalconX, which according to data from an on-chain tracker has sent $12.

According to data from Lookonchain that tracks recent transactions, the firm sent the asset to centralized exchanges OKX and Binance, contributing to the rise in the asset’s supply. FalconX moves MKR holdings to exchanges The firm’s move coincides with a decline in MKR price and a rise in MKR supply on exchanges. FalconX therefore appears to be selling the token.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

49ers QB Brock Purdy clears concussion protocol, will start vs. Bengals49ers QB Brock Purdy clears concussion protocol, will start vs. BengalsAfter clearing the concussion protocol Saturday, 49ers quarterback Brock Purdy will get the start against the Cincinnati Bengals on Sunday.
Read more »

49ers' Brock Purdy clears concussion protocol, will play vs. Bengals49ers' Brock Purdy clears concussion protocol, will play vs. BengalsSan Francisco 49ers quarterback Brock Purdy is out of concussion protocol with no injury designation for Sunday's matchup with the Cincinnati Bengals, the team announced on Saturday.
Read more »

49ers' Brock Purdy clears concussion protocol, will play vs. Bengals49ers' Brock Purdy clears concussion protocol, will play vs. BengalsSan Francisco 49ers quarterback Brock Purdy is out of concussion protocol with no injury designation for Sunday's matchup with the Cincinnati Bengals, the team announced on Saturday.
Read more »

49ers QB Brock Purdy clears concussion protocol and will start against the Bengals49ers QB Brock Purdy clears concussion protocol and will start against the BengalsSan Francisco 49ers quarterback Brock Purdy cleared the final step of concussion protocol and is set to start on Sunday against the Cincinnati Bengals. The 49ers announced that Purdy will have no injury designation for the game against the Bengals after suffering the concussion late in a loss at Minnesota on Monday night.
Read more »

49ers’ Brock Purdy active after clearing concussion protocol49ers’ Brock Purdy active after clearing concussion protocolAfter surprisingly popping up on the injury report as he entered concussion protocol, Brock Purdy will play on Sunday against the Cincinnati Bengals.
Read more »

Brock Purdy clears concussion protocol for Sunday's game against the BengalsBrock Purdy clears concussion protocol for Sunday's game against the BengalsThe San Francisco 49ers said Brock Purdy has cleared concussion protocol for Sunday's game against the Cincinnati Bengals.
Read more »



Render Time: 2025-04-18 02:06:37