Blockchain data from Arkham Intelligence indicates that Paradigm Capital may be preparing to sell its $3.5 million worth of MakerDAO governance token MKR. The data shows that 3,000 MKR were transferred from Paradigm's crypto wallet to an OTC wallet. This is not the first time Paradigm has made such a move, as in March they transferred $20 million of MKR to the same wallet before sending it to crypto exchange Coinbase. This move by Paradigm follows Andressen Horowitz's recent deposit of $7 million worth of MKR tokens to Coinbase.
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Paradigm Capital Prepares to Sell $3.5 Million Worth of MakerDAO Governance Token MKR
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