Wallet 0xa58 (linked to Rune Christensen, the MakerDAO cofounder) sold 2,235 MKR for 4.542M DAI at $2,032 on average in the past 2 days:

• address: 0xa5890ccd2359dc38f649158abdc24b62602dec68

Notably:

• Wallet 0xa58 received 6,950 MKR from wallet 0x877 on November 26, 2018. Before the recent sales, it once deposited 1,301 MKR to Kraken at $2,127 on average (then $2.77M), mostly during the pump in December 2021.

• Wallet 0x877, in turn, received 36,810 MKR from the suspected wallet 0xd48 of Rune Christensen on September 7, 2018, and then transferred 39,404 MKR to the old wallet 0x267 of the MakerDAO's cofounder 2 years later.

• address: 0x8778b64f999aa8ed59045d8d67998a77ab51e258

Currently, the wallet still holds 2,430 MKR ($4.92M) and may keep selling more MKR for DAI.

The MKR price has been down around 3.39% (2D), since the wallet’s first sale.

Fig 1. Wallet 0xa58 (linked to Rune Christensen) sold 2,235 MKR for 4.542M DAI in the past 2 days.

Fig 2. How wallet 0xa58 may be linked to Rune Christensen, the cofounder of MakerDAO.