According to @OnchainLens, SkyEcosystem (formerly MakerDAO) converted 5,120 MKR into 121.76 million SKY valued at 6.73 million USD and locked the tokens in the SKY Staking Pool, with activity recorded at address 0x867ef23c482b1c41fa2336fa239ba14e4af68d1f; source: @OnchainLens citing Nansen on-chain data. This lockup increases the SKY staking pool balance by 121.76 million SKY and removes that amount from immediate circulation at the referenced address, a factor traders can use to assess short-term liquidity conditions; source: @OnchainLens citing Nansen on-chain data, address 0x867ef23c482b1c41fa2336fa239ba14e4af68d1f. The implied conversion ratio is approximately 23,785 SKY per MKR based on the reported figures, offering a concrete reference for MKR to SKY relative valuation; source: @OnchainLens citing Nansen on-chain data. Traders may monitor SKY staking pool metrics and MKR and SKY order books for liquidity and volatility shifts following this on-chain allocation, derived from the reported transaction; source: @OnchainLens citing Nansen on-chain data, address 0x867ef23c482b1c41fa2336fa239ba14e4af68d1f.