According to @lookonchain, a trader experienced a significant loss of $1.13 million within a span of less than 50 days. The trader purchased 1,100 MKR tokens for $2.91 million at a price of $2,643 per token on July 27. Five hours ago, the trader deposited these tokens to Binance to sell at $1,613 per token, resulting in a 40% loss.