SKY founder sells rewards to buy back SKY tokens

Rune Christensen, co-founder of SKY (formerly MakerDAO), is using staking rewards to continue buying back SKY tokens, according to on-chain analyst @EmberCN on X. About 45 minutes ago, he received 1.9 million USDS and 10.38 million SPK (worth approximately $1.3 million) as staking rewards, which he transferred to his buyback address. He is currently selling SPK to purchase more SKY.