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Maker's pullback cracked a key price level of $1405 and could tip sellers to extend shorting gains.

MKR transfer event has captivated the attention of the cryptocurrency community.

In a significant cryptocurrency transaction, a staggering 6,000 Maker (MKR) tokens, surpassing a whopping $8.4 million in value, were recently transferred from the Binance exchange to an undisclosed destination. This digital asset shuffle has certainly piqued the curiosity of the crypto community.

Whales show growing interest in MKR, defying the bearish trend, while MakerDAO explores integration with zkSync for further expansion.

Maker's long-term price action was on a downtrend but the pullback faced a key obstacle at $1300

A whale withdrew Maker worth millions, which resulted in a price uptick. Market sentiment around MKR also remained bullish.

Savvy crypto investors—often dubbed “crypto whales” due to their sizable holdings, which can influence market trends have recently been setting their sights on a select group of altcoins, potentially aiming to capitalize on their prospective gains. Recent developments, such as the US Federal Reserve's (Fed) hint at pausing rate hikes and speculations around the approval of more futures exchange-traded funds (ETFs) in the U.S., are suspected to be the catalysts steering crypto whale interests, according to Marti, a recognized voice from the Altcoin Buzz YouTube channel.

The crypto markets are losing momentum; the prices of popular cryptos like Bitcoin, Ethereum, etc. and the other cryptos in the top 10 have faced a significant plunge. Amid the rising bearish influence over the markets, some of the altcoins have managed to mark some gains, being the gainers for the day.

Amid DeFi challenges, MakerDAO demonstrates growth as DAI supply rebounds. SubDAOs are introduced to bolster governance and diversify functions.

MKR declines by more than 10% in the last week. Notwithstanding the token's price plummet, whales increase their accumulation.

MakerDAO sheds 11% in TVL in the past month, causing it to fall to fourth place in the ranking of DeFi protocols.

In the ever-changing world of cryptocurrencies, one project stands out for its resilience and success—MakerDAO. Central to Maker's accomplishments is DAI, a decentralized stablecoin linked to the Ethereum blockchain.

MKR's reversal eased at a key confluence zone, attracting MKR buyers.

In conjunction with DAI, Maker's revenue has been at impressive levels. With some upcoming development, emerging competition may not stop Maker's bullish potential.

Maker Network's surge in activity coincides with a 185% YTD rally.

Crypto whales have been capitalizing on the recent industry swings and positive macro events to scoop some altcoins for potential gains in October 2023. On-chain analysis beams the spotlight on 3 mega-cap cryptocurrencies that are whales buying.

Maker (MKR) price crossed the $1,500 mark on October 1 for the first time since May 2022. On-chain analysis examines two vital indicators that could accelerate the current price rally.

MKR hits a year-high of $1,600, with on-chain data showing the possibility of further bullish gains.

The month of October started positively as the crypto industry witnessed two out of two green days with a total increase of over 3.0% in market cap. Bitcoin has jumped nearly 3.5% in the past day, resulting in the altcoins gaining value.

A whale deposited a substantial amount of MKR on Binance, which suggested an increase in selling pressure. Will MKR's bull run end?

Bitcoin tends to rally in October, possibly opening the door for MKR, AAVE, RUNE, INJ and other altcoins.

Amid escalating concerns over the U.S. government shutdown, the cryptocurrency market unexpectedly rallied during the final week of September. The surge was not uniform across the market; as some of the cryptocurrencies exhibited particularly strong bullish momentum.

Top altcoins Bitcoin Cash (BCH), Chainlink (LINK), and Maker (MKR) are poised to lead a potential 'Uptober' surge in the crypto market.

Bulls can seek more ground if MKR defends $1400, but massive profit making can happen at $1600-$1650.