This almighty MKR/ETH sell wall remains unbroken with the owner clipping significant fees
Notice the strange price action in the MKR/ETH ratio over the past 10 days or so, pinned below 0.85 This is thanks a huge thick one sided v3 ask right at 0.85 with almost 1% of MKR supply ($15m) Until the market chews through this wall, or this position gets pulled, MKR/ETH is not going anywhere!
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