CoinVoice has learned that according to on-chain analyst Yu Jin's monitoring, Sky (formerly MakerDAO) co-founder @RuneKek repurchased 16.38 million SKY in the past 40 minutes using 1.77 million ENA (worth 1.29 million USD) obtained from investments.
He received 1.77 million ENA, which should be investment income, from the Ethena affiliated contract 40 minutes ago, and then transferred it to his address used for repurchasing SKY for sale, exchanging it for 16 million SKY.
Since the beginning of June, he has repurchased 122 million SKY using the staking SKY earnings (USDS and SPK) and today's ENA, totaling 10.21 million USD, with an average price of 0.0836 USD. [Original link]
