According to Odaily Planet Daily, RuneKek, co-founder of Sky (formerly MakerDAO), repurchased 16.38 million SKY in the past 40 minutes using 1.77 million ENA (worth $1.29 million) obtained from investment.

RuneKek received 1.77 million ENA (worth $1.29 million) from the Ethena vesting contract 40 minutes ago, and then transferred it to the address used to repurchase SKY for sale, in exchange for 16.38 million SKY.

Since the beginning of June, RuneKek has used a total of $10.21 million in funds to repurchase 122 million SKY at an average price of $0.0836 through the income from staking SKY (USDS and SPK) and today's ENA.