According to @EmberCN, SkyEcosystem (formerly MakerDAO) cofounder @RuneKek claimed 1.77 million ENA from the Ethena vesting contract about 40 minutes ago and swapped it on-chain for 16.38 million SKY within roughly the same window. Source: @EmberCN on X. According to @EmberCN, the ENA tranche was described as investment proceeds, transferred from the Ethena vesting contract to the address used for SKY buybacks, and then sold to acquire SKY. Source: @EmberCN on X. According to @EmberCN, the reported sizes imply an effective swap of approximately 9.26 SKY per ENA based on 16.38 million SKY for 1.77 million ENA. Source: @EmberCN on X. According to @EmberCN, the post identifies SkyEcosystem as the rebrand of MakerDAO and attributes the transactions to @RuneKek’s buyback activity. Source: @EmberCN on X.