Data: Sky Co-Creator Liquidates 25 Million LDOs, Buys Back 36,000 MKRs With Funds Received
On October 12, Sky Ecosystem's (formerly MakerDAO) 25 million LDOs from Rune finally sold out today, according to chain analyst Aftermath. These LDOs were sold over a period of nearly 3 years, and most of the money received was purchased as MKRs.
The 25 million LDOs were sold at an average price of $1.87 for a whopping $46.73 million (221x);
Of the 30.02 million LDOs sold, 36,000 MKRs were bought back at an average purchase price of $833 USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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