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Venture Capital Firm a16z Transfers 6,432 MKR Worth $5.9M to Coinbase

Venture capital firm a16z has transferred 6,432 MKR, worth approximately $5.9 million, to Coinbase through the address 0xd520, according to recent reports. In 2019, a16z received 60,000 MKR, likely as part of an investment allocation, and then sold 27,840 MKR in 2021 at an average price of around $2,750 through Genesis Trading OTC and Coinbase.

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