Kenne Michael 
This operation entailed the transfer of an impressive total of 1,736 MKR tokens, constituting a transaction valued at approximately $1.89 million. The repercussions of this action have resonated throughout the market, shedding light on the dynamic nature of cryptocurrency transactions.
Interestingly, this wallet address, 0x828, had previously executed a strategic acquisition. In July, the address procured a substantial 3,334 MKR tokens, representing a significant investment of $3.34 million. These tokens were obtained at an average price of $1,000, reflecting a deliberate and calculated investment strategy.
🚨 Smart whale 0x828 took a $266K profit from $MKR investment as price increased!
The whale deposited 1,398 $MKR to #Binance and swapped 200 $MKR to 224K $USDC at an avg price of $1,135 1.5hrs ago (total: 1,598 $MKR for $1.81M).
Profit: $266K (17.2%).https://t.co/hDC22DqV0o https://t.co/XEPFavIxjB pic.twitter.com/25inPMW7xv
— Spot On Chain (@spotonchain) July 26, 2023
The subsequent activities carried out by this prominent wallet address are equally noteworthy. The acquired MKR tokens were strategically liquidated through both decentralized exchanges (DEX) and the Binance platform. This well-thought-out maneuver yielded substantial returns, with an average selling price of $1,110 per token. Consequently, the wallet address successfully realized an estimated profit of $357,000, equating to a notable profit margin of +10.67%.
Of noteworthy mention is the fact that the whale address also received a reimbursement of 1.863 million USDC from Binance after depositing these MKR tokens into the centralized exchange (CEX).