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Sky Lianchuang received $1.3 million worth of SKY staking rewards half an hour ago and transferred them to the SKY repurchase address

By: odaily.com|2025/07/24 08:42:00

Odaily News According to on-chain analyst Ember, Sky (formerly MakerDAO) co-founder Rune continues to use SKY staking rewards to repurchase $SKY. Rune received SKY staking rewards half an hour ago: 1.9 million USDS + 10.378 million SPK (worth $1.3 million), and then transferred it to its repurchase address. It is currently selling SPK to repurchase SKY.

In the last 1 hour, the entire network has seen liquidations totaling $144 million, with the majority coming from long positions.

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