The multisig address transferred 505 MKR to Wintermute Trading for over-the-counter trading

According to Spot On Chain monitoring, the price of MKR has rebounded by about 7% in the past 10 hours, but whales seem to have a different view on this token:

· The multisig address 0xbba (linked to MakerDAO) transferred 505 MKR ($1.91 million) to Wintermute Trading for over-the-counter transactions within the past 13 hours, at an approximate price of $3,788.

· Five newly created wallets (possibly one entity) withdrew 2,650 MKR ($9.52 million) from Binance about 10 hours ago at an average price of approximately $3,592. They have currently earned $619 thousand (+6.5%).