It is suspected that the Dragonfly address transferred 137 million SKY tokens to Coinbase, a decrease in value of more than half compared to when the tokens were withdrawn.

PANews reported on May 30th that, according to on-chain analyst Yu Jin, an address suspected to belong to Dragonfly transferred 137 million SKY tokens (US$9.05 million) to Coinbase. These SKY tokens were likely withdrawn from Binance approximately five years ago (August 2021) (when they were still MKR), and were worth US$20.45 million at the time, representing a loss of more than half.

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Author: PA一线

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