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Rune staking Flash News List | Blockchain.News
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List of Flash News about Rune staking

Time Details
2025-06-11
02:51
SKY Token Price Analysis: 6 Million SKY Repurchased by Co-Founder Rune Since June 4, 2025—Impact on Crypto Market

According to EmberCN on Twitter, Sky co-founder Rune has continued an aggressive buyback strategy, spending an additional 2.727 million USDS last night to repurchase SKY tokens. Since June 4, 2025, Rune has cumulatively used 5.057 million USDS to buy back 60.954 million SKY at an average price of $0.083. All repurchased SKY tokens have been moved to his staking address for staking. This significant buyback and staking activity is likely to reduce circulating supply, potentially supporting SKY token's price and increasing market interest, as verified by on-chain data from the provided wallet addresses (source: EmberCN Twitter, June 11, 2025).

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