Whale 0x09e/0xdbb just further deposited 1,480 MKR ($4.23M) to Binance at $2,856:

• transaction: 0x24cff0b498472c112266b94bb3b9565d48e46ec154cb9de107f31efe11097d92
• address: 0x09eda5af6b634dcee8e4c563a97a18dde1a11c81

Notably, this deposit allegedly marks the end of the whale's first MKR trade with big profit:

• withdrew 3,201 MKR from MEXC at only $1,760 on average (estimated cost: $5.63M) from January 2 to 11, 2024, via 2 wallets 0x09e and 0xdbb;
• deposited 3,192 MKR to Binance at $2,868 on average ($9.15M), all in the past hour;
• realized an estimated profit of $3.54M (+63%) after 4 months of holding if truly selling now.

The MKR price appears to be on a steep decline in the past 5 hours.

Fig 1. Whale 0x09e/0xdbb's overall MKR trading history.

Fig 2. The 24-hour price chart of MKR.