MakerDAO: Early Investor Sells 1050 MKR After 10 Years

MakerDAO initial team member offloaded 1,050 MKR held since April 2016 into 1.316 million USDC via Kraken, marking the first movement in a decade beyond the 2018 token migration.

Price action sits at $1750 near the EMA50 at $1748.89 while the EMA200 at $1766.49 caps upside, and the MACD golden cross at 25.41 keeps the broader structure bullish even as RSI at 48.05 shows neutral momentum inside the Bollinger bands.

With price testing upper Bollinger resistance at $1938.37 while the neutral RSI flashes room to run, a healthy retracement to the 50-EMA support at $1748.89 seems probable before further continuation on MKR price prediction models.