CandleFocus A Crypto Trader Losses $1.13M As $MKR Plummets
2024-09-15
Author: Content Editor
A crypto trader recently lost $1.13 million by investing in Maker ($MKR). In less than 50 days, the trader bought 1,100 $MKR worth $2.91 million at $2,643 and sold them at $1,613, resulting in a major loss of 40%. The sharp decline in the price of $MKR highlights the high volatility of the crypto market. This serves as a reminder for the crypto community to be aware of the risks associated with impulsive and unplanned trading. Keeping an eye on crypto trends can help avoid such significant losses. Maker ($MKR) is a governance token in decentralized finance (DeFi) and has experienced price fluctuations due to changing market trends and investor sentiments. Currently, $MKR is trading at $1,597.17.
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