Cryptocurrency bank Anchorage Digital is attracting attention by suddenly accumulating a large amount of single decentralized finance (DeFi) altcoins.
Blockchain tracking company Lookonchain Called Anchorage Digital has amassed more than $49.4 million in MKR, the DeFi protocol maker’s native token, using 13 wallets over the past month.
The most recent purchase occurred on Monday, when Anchorage Digital purchased $6.28 million worth of MKR from Binance using two newly created wallets, according to Lookonchain.
At the time of writing, MKR is trading at $2,816, down 1.4% in the last 24 hours.
Look on chain too notice One talented investor quickly made $3 million after purchasing massive amounts of Bitcoin (BTC) during last week’s market correction. At the time, the highest cryptocurrency asset fell to the low $50,000 range.
“Earn over $3 million in just 4 days! Whales that purchased BTC at the low point (May 3rd) deposited 767 BTC ($48.46 million) into Binance for profit (May 6th). After the market fell, he withdrew 767 BTC ($45.44 million) from Coinbase on May 3 for 59,226 BTC.
Address: 1PGncMc8diiELpe4JAVCY51fcQ215JegAF.”
Bitcoin is trading at $62,395 at the time of this writing, down 1.6% in the last 24 hours.
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