According to Milk Road (@MilkRoadDaily), while most traders are focused on BTC, a critical on-chain development has emerged for SKY token, signaling a potential shift in momentum. As reported by Milk Road on June 15, 2025, SKY has shown a significant uptick in active addresses and transaction volume, suggesting growing market interest and possible accumulation phase. For traders, this on-chain activity could precede price movement, making SKY a notable altcoin to watch for short-term opportunities. This trend highlights the importance of monitoring altcoin signals beyond BTC for diversified trading strategies. (Source: Milk Road, milkroad.com/daily/sky-is-b...)

According to @EmberCN, SkyEcosystem (formerly MakerDAO) co-founder @RuneKek's address repurchased 4.33 million SKY tokens (worth $330,000) in the past two days using staking rewards. SkyEcosystem recently launched a program where staking SKY tokens yields USDS rewards. RuneKek's address has staked 3.16 billion SKY (valued at $229 million), currently earning approximately 100,000 USDS daily. Over two recent reward claims, RuneKek collected a total of 330,000 USDS in staking rewards, which were then used to buy back SKY tokens. This significant buyback activity by a major insider signals strong confidence in the SKY token and has triggered increased trading volume and bullish sentiment among traders, making SKY a key altcoin to watch for short-term price momentum. (Source: @EmberCN on Twitter, June 6, 2025)