According to PolynomialFi, Sky's USDS (USDS) is now fully integrated into Polynomial’s multi-collateral engine, allowing traders to use USDS as margin for long or short positions across more than 50 perpetual markets with fast execution speeds. This integration offers greater flexibility for crypto traders seeking to diversify collateral options and optimize margin strategies, potentially increasing USDS liquidity and utility within the DeFi derivatives sector (source: @PolynomialFi, June 19, 2025).

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).

According to IntoTheBlock, a significant spike in activity was driven by a whale address 0x4..., which diversified its debt from exclusively USDS to a mix of USDS and GHO. This rebalancing indicates growing institutional confidence in GHO as a viable asset.

According to @EmberCN, a whale sold 7,358 ETH at $2,154, converting it into 15.848 million USDS, within the last hour. This move was possibly due to disappointment over the market's reaction to Trump's Bitcoin reserve executive order. The whale not only liquidated its own 5,372 ETH holdings but also borrowed an additional 1,986 ETH to short sell. Sponsored by #Bitget｜@Bitget_zh.

According to @ai_9684xtpa, two prominent investors are buying Ethereum during the recent market dip. One investor made a profit of $1.52 million by trading 11,502 ETH, while a whale purchased 7,500 ETH worth $19.31 million three hours ago. The whale withdrew the tokens from Binance at an average price of $2,575 per ETH, then deposited them into Aave to borrow USDC, converted it to USDS, and staked it in Sky for an airdrop.