BlockBeats News, April 8th, according to on-chain analyst Yu Jin's monitoring, a certain on-chain multi-signature wallet is continuously buying SKY with 5 million USDC through CoW Swap's TWAP (Time-Weighted Average Price) function.
· 2 months ago, the 0x3d4 multi-signature wallet transferred 5 million USDC to the 0x18e multi-signature wallet, and then set up on CoW Swap to buy one SKY per hour with 1,252 USDC.
· So far, half of this buy-in plan has been executed: 2.431 million USDC has been spent to buy 35.77 million SKY at an average price of $0.068.
