A multi-signature wallet is continuously purchasing SKY with 5 million USDC, having spent 2.43M USDC to buy 35.77 million SKY.

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USDC0,03%
SKY-0,98%
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BlockBeats message. April 8, according to on-chain analyst Yu Jin monitoring, a certain on-chain multisig wallet is continuously buying SKY with 5 million USDC via CoW Swap’s TWAP (time-weighted average price) feature.

· Two months ago, the 0x3d4 multisig wallet transferred 5 million USDC to the 0x18e multisig wallet, and then set on CoW Swap an hourly purchase of SKY with 1,252 USDC per order.

· As of now, this purchase plan has already been executed halfway: 2.43M USDC has been spent to buy 35.77 million SKY, with an average price of $0.068.

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