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An early MakerDAO address sold 1,050 MKR tokens after lying dormant for 10 years, netting $1.316 million in USDC.

2026.07.24 11:00:37

According to EmberCN monitoring, an address belonging to MakerDAO’s early team or investor sold MKR tokens it had held for nearly 10 years 40 minutes ago, converting the proceeds to USDC. Data shows the address received 1,050 MKR in April 2016, with no transfers made over the subsequent decade—only a wallet migration during the MKR token upgrade in 2018. The address sold all 1,050 MKR this time, receiving approximately 1.316 million USDC, and transferred the funds to the Kraken exchange.

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