2 whale addresses are converting MKR to SKY at a certain ratio, not unilateral destruction
On February 20th, according to Etherscan data, the address starting with 0x2b16 destroyed 17,262.99 MKR tokens 1 hour ago, exchanged for 416,711,896.8 SKY tokens at the official rate (1:2400).
The address starting with 0x06bF destroyed 20,933.76 MKR tokens 25 minutes ago, exchanged for 502,410,240 SKY tokens. Subsequently, 10 minutes ago, it destroyed another 15,001.38 MKR tokens, exchanged for 360,033,258 SKY tokens.
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.
You may also like
IntoTheBlock: 2.7 million addresses bought Bitcoin at $97,100
Vitalik: The LIBRA crash highlights the importance of education in the crypto space
Memecoin fraud erodes community trust, Solana on-chain user activity drops nearly 40% in February
WalletConnect Raises $10M in Four Oversubscribed Token Sales
Trending news
MoreCrypto prices
More
