| Time | Details |
|---|---|
| 02:10 |
Rune Christensen Liquidates $ENA and $USDe Holdings
According to Spot On Chain, Rune Christensen, the founder of Sky (formerly known as MakerDAO), has sold all his 2.04 million $ENA tokens for 744,000 $USDC shortly after claiming them from Ethena Labs. Additionally, he converted all his 22.08 million $USDe into $USDT a week prior. Christensen was previously one of the largest holders of $USDe, indicating a significant shift in his investment strategy. (Source) |
| 04:55 |
Rune Christensen and Christian Tom's Diverging $ENA Strategies
According to OnchainDataNerd, Rune Christensen, CEO of Maker DAO, recently received 2.04 million $ENA tokens, valued at approximately $777,000, through vesting. He subsequently swapped these tokens for $774,000 in USDC. In contrast, Christian Tom received 2 million $ENA tokens, valued at around $768,000, and chose to stake all of them into Pendle. These transactions highlight different strategies regarding $ENA, with Christensen opting for liquidity while Tom seeks potential returns from staking. (Source) |