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Sky Founder Sells $1.29 Million Worth of ENA to Buy Back Equivalent SKY

Summary: In breaking news, Sky (formerly MakerDAO) founder @RuneKek has repurchased 16.38 million SKY tokens using 1.77 million ENA tokens acquired through investment, valued at $1.29 million, in the past 40 minutes. 40 minutes ago, he claimed 1.77 million ENA tokens from the Ethena contract, presumably acquired through investment, and transferred them to an address for ...

In breaking news, Sky (formerly MakerDAO) founder @RuneKek has repurchased 16.38 million SKY tokens using 1.77 million ENA tokens acquired through investment, valued at $1.29 million, in the past 40 minutes.

40 minutes ago, he claimed 1.77 million ENA tokens from the Ethena contract, presumably acquired through investment, and transferred them to an address for selling to buy back 16 million SKY tokens.

Since early June, he has repurchased a total of 122 million SKY tokens using earnings from staking SKY (USDS and SPK) and today's ENA, totaling $10.21 million, at an average price of $0.0836 per token.

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