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

BlockBeatNews · 2026-04-08T03:06:23+00:00

On April 8, it was reported that a multi-signature wallet used CoW Swap's TWAP feature to continuously purchase SKY with 5 million USDC. So far, it has spent 2.43M USDC to buy 35.77 million SKY at an average price of $0.068.

BlockBeatNews

2026-04-08 03:06:23

Abstract generation in progress

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.

USDC0.03%

SKY4.5%

COW6.48%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes