A giant whale sold 1,472MKR, gained 987ETH, and lost 178ETH
Lookonchain monitoring shows that in the past 2 hours, a whale sold 1,472 MKRs for 987 ETH (2.04 million US dollars) at a price of $1,385. In September, the whale spent 1,164 ETH (1.9 million US dollars) to buy 1,472 MKRs at a price of $1,293. However, due to the rise in ETH exceeding that of MKR, the whale still lost 178 ETH (367,000 US dollars).
Scroll launched a proposal on the MakerDAO governance forum, proposing to deploy SparkLend to the Scroll network
According to the governance page, the Scroll team has released a proposal on the MakerDAO governance forum, proposing to deploy SparkLend to the Scroll network.
MakerDAO has paid a total of $1.5 million in stamp duty to Switzerland on its RWA assets
MakerDAO has paid a total of $1.5 million in stamp duty for its RWA assets to Switzerland. The stamp duty for offshore entities in Switzerland is 15 basis points, resulting in $750,000 in stamp duty for MakerDAO's $500 million investment. When these assets are sold in the future, another $750,000 will be paid in stamp duty. (DL News)
MakerDAO has paid $1.5 million in stamp duty to purchase U.S. Treasury bonds
According to DL News on November 8, MakerDAO recently paid approximately $1.5 million in stamp duty to the Swiss government due to trading US bonds in Switzerland. DeFi asset advisor Monetalis Clydesdale invested $500 million in US ETF on behalf of MakerDAO through Swiss encrypted bank Sygnum in October 2022. According to Swiss regulations for offshore entities, the transaction requires a stamp duty of 0.15%. MakerDAO needs to pay stamp duty once for buying and selling, so it paid approximately $1.5 million in total.
As the cryptocurrency lending market shrinks, MakerDAO has expanded its physical asset portfolio to around $3.9 billion, mainly in US government bonds. In the future, it plans to further expand into private credit and loan securitization products.
A certain whale sold 1,960 MKR on Binance
According to Spot On Chain monitoring, the whale speedan.eth sold 1,960 MKR (about 2.56 million US dollars) through Binance in the past hour, and the final loss of its MKR transaction was 207,000 US dollars (-7.05%).
ParaFi Capital deposited 4,000 MKR worth $5.3 million to Coinbase 1 hour ago
According to Scopescan data, ParaFi Capital deposited 4,000 MKR (worth $5.3 million) into Coinbase one hour ago.
New executive voting goes live on Maker governance portal
Maker announced on X platform that a new executive voting feature is now available on the Maker governance portal. MKR holders and representatives can use their voting rights to deploy the following changes: DAO solution for HV Bank (RWA009-A) Vault; MKR ownership transfer for Immunefi Security Core Unit; adding GUSD and USDP Jar as well as SwapInputConduit contract to Chainlog; and payment of Spark protocol-Aave revenue sharing.
MakerDAO transfers $250 million from Coinbase to maintain DAI peg
According to reports, MakerDAO transferred $250 million from Coinbase to the anchored stable module (PSM) of DAI to maintain anchoring, as the USDC reserve in DAI (which needs to exceed $200 million to be considered safe) approached nearly $60 million on Tuesday morning local time.
PSM is a collateral pool that allows users to mint DAI by exchanging USDC at a 1:1 ratio and arbitrage back to the US dollar anchor. If the PSM reserve is depleted, the price of DAI may be higher or lower than $1.
Before the Coinbase Custody transfer arrived, over $100 million left the PSM from Sunday to Tuesday. A source said that large PSM transfers seemed to flow to centralized exchanges.
On the Maker forum, Allan Pedersen, CEO of DeFi lending company Monetalis, wrote that the team is working to automate PSM using smart contracts, "but for now, instruction-based automation using trustees, administrators, legal structures, and banks/centralized exchanges is secure and stable."
MakerDAO transfers $250 million from Coinbase to secure DAI peg
MakerDAO transferred $250 million from Coinbase to the DAI Peg Stabilization Module (PSM) to maintain the peg after the USDC reserve in DAI (which needs to exceed at least $200 million to be considered safe) approached dropping below $60 million earlier today. PSM is a collateral pool that allows users to mint DAI by exchanging USDC at a 1:1 ratio and arbitrage DAI back to being pegged to the dollar. If the PSM reserve is depleted, the price of DAI may be higher or lower than $1.
FalconX has transferred a total of 9,085 MKR to OKX and Binance in the past 7 days, equivalent to approximately US$12.8 million.
On October 30th, Lookonchain monitoring shows that in the past 7 days, FalconX has transferred a total of 9,085 MKR (12.8 million US dollars) to OKX and Binance, and currently holds 7,261 MKR (10 million US dollars).
A giant whale deposited MKR to Aave and borrowed 1.84 million USDC, exchanged it for DAI and deposited it into MakerDAO
According to Spot On Chain monitoring, a whale address starting with 0x8af withdrew 4077 MKR (approximately $5.88 million) from Bitget at an average price of $1442 in the past 24 hours. The whale then deposited these MKR into Aave and borrowed 1.84 million USDC. After that, the whale exchanged the USDC for DAI and deposited it into MakerDAO, where the DAI savings rate (DSR) is currently 5%.
Falcon X deposited $8.52 million in MKR to CEX in the past 3 days
Falcon X has deposited a total of 5690 MKR (approximately $8.52 million) to multiple CEXs in the past three days, with an average price of $1497. Falcon X currently holds 10150 MKR (approximately $14.17 million). According to the market data from OKEx, MKR is currently trading at 1394.3 USDT with a 24-hour decrease of 2.89%.
5 whales deposited 9,696MKR to Coinbase, and another whale accumulated 7,155MKR from Coinbase
According to data from Spot On Chain, 5 whales (possibly belonging to one person) have just deposited 9,696 MKR ($13.9 million, average price: $1,438) into Coinbase. They had accumulated 9,696 MKR ($11.6 million, average price: $1,200) from Coinbase at the end of July, with an expected profit of $2.3 million (19.7%).
The whale address starting with 0xd4e accumulated 7,155 MKR ($10.3 million, average price: $1,437) from Coinbase about 30 minutes ago. He belongs to a whale network that has held 44,941 MKR ($64.5 million) since July 27. Expected unrealized profit: $3.83 million (6.3%).
15,000 MKR Were Transferred to FalconX, Worth $24.19 Million
According to monitoring, 15,000 MKR (approximately $24,197,681) was transferred from an unknown wallet to FalconX.
MakerDAO Purchased Another US$50 Million in RWA Assets. The Current Total Assets of RWA Are Approximately US$3.377 Billion.
According to Makerburn data, MakerDAO has once again added $50 million in RWA assets through BlockTower Andromeda today, and the current total RWA assets of the protocol are approximately $3.377 billion.
MakerDAO Purchased Another $50 Million in RWA Assets, and Its Total RWA Assets Exceeded $3.3 Billion
MakerDAO increased its RWA assets by another $50 million through BlockTower Andromeda on October 21, as shown by makerburn.com data. Currently, the protocol's total RWA assets are approximately $3.327 billion.
Spark Protocol TVL Exceeds $500 Million
According to DefiLlama data, MakerDAO's lending protocol Spark Protocol TVL has surpassed $500 million, reaching $504 million.
Spark Protocol TVL Breaks $500 Million
According to DefiLlama data, on October 18th, the lending protocol Spark Protocol, owned by MakerDAO, surpassed $500 million in TVL, reaching $504 million. Previously reported on August 7th that MakerDAO had passed and implemented proposals to increase the debt ceiling of Spark Protocol.
An address sold 1,001 MKR withdrawn from Binance 2 days ago, resulting in a loss of US$40,000.
As monitored by on-chain analyst Yu Jin, an address withdrew 1,001 MKR (worth $1.42 million) from Binance two days ago at an average price of $1,420 per MKR. Just 10 minutes ago, the same address transferred the 1,001 MKR back to Binance and sold them, causing the price of MKR to drop to $1,365. The investment in MKR by this address resulted in a loss of $40,000 (-3%).
A giant whale deposited 5,001 MKR into Binance
On October 16th, according to Spot On Chain monitoring, a whale starting with 0x475 just deposited the last 5001 MKR at a price of $1457 (approximately $7.28 million) into Binance.
It is worth noting that on September 4th, the whale accumulated 13446 MKR on Binance at an average price of $1124 (approximately $15.11 million), and since September 28th, the whale has sold these MKR on Binance at an average price of $1478 (approximately $20 million).
The estimated total profit from MKR is $5.07 million (+34%).
