Wallet 0x1cc (likely MakerDAO) just deposited another 700 MKR ($2.04M) to Binance at $2,915:

• transaction: 0x6d6404dd8e8f2e5df1d5781f8f1b53c7fedc76f16d39398d1b62c27a8d4e6165
• address: 0x1cc12fed5e2d09ddbb61bec70574b4cf0d1a5825

Notably, the wallet received those MKR tokens from MakerDAO's multisign 0xbba only 4 minutes ago.

Overall, since March 18, 2024, MakerDAO's multisign 0xbba has deposited 11,243 MKR to CEX at $3,201 on average ($35.99M), often ahead of a price drop, including:

• deposited 9,043 MKR ($29.74M) to Wintermute Trading OTC between March 18 and April 21;
• deposited 2,200 MKR ($6.24M) to Binance via middle wallet 0x1cc above in the past 9 days.
• MakerDAO's multisign 0xbba: 0xbba4c8eb57df16c4cfabe4e9a3ab697a3e0c65d8

Currently, MakerDAO's multisign 0xbba still holds 19,728 MKR ($57.5M).

Fig 1. MakerDAO deposited 2,200 MKR ($6.24M) to Binance via middle wallet 0x1cc above in the past 9 days.

Fig 2. MakerDAO has deposited 11,243 MKR ($35.99M) to CEX since March 18, 2024, often ahead of a price drop.