Anchorage Digital, the crypto bank, has caught the attention of many as it has recently amassed a significant amount of a decentralized finance (DeFi) altcoin. Lookonchain, a blockchain tracking firm, has reported that Anchorage Digital has utilized 13 wallets over the past month to acquire over $49.4 million worth of MKR, the native token for the Maker DeFi protocol. The latest purchases occurred on Monday, with Anchorage Digital using two newly created wallets to purchase $6.28 million worth of MKR from Binance, according to Lookonchain. At the time of writing, MKR is trading at $2,816, experiencing a 1.4% decrease in the last 24 hours.

Lookonchain has also observed that a shrewd investor with deep pockets made a quick $3 million after buying a substantial amount of Bitcoin (BTC) during last week’s market correction, when the top crypto asset dropped to the high $50,000 range. The investor deposited 767 BTC ($48.46 million) into Binance for profit and later withdrew 767 BTC ($45.44 million) at a rate of $59,226 BTC from Coinbase on May 3rd. This yielded a profit of $3 million in just four days for the investor.

Bitcoin is currently trading at $62,395, experiencing a 1.6% decrease in the last 24 hours.

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