According to Lookonchain, significant whale activity has been observed in the $MKR market. Whale '0xB4eA' purchased 3,334 $MKR, equivalent to $4.89 million, from DEX and Binance over the past two days. Additionally, a newly created wallet, '0x1d1d,' withdrew 900 $MKR, valued at $1.33 million, from Binance just one hour ago. This activity indicates a possible accumulation phase by large holders, which could influence $MKR's market dynamics.