A multisignature wallet has purchased 5 million USDC worth of SKY through TWAP over the past two months.
According to Foresight News, as monitored by Ember, a certain on-chain multi-signature wallet is continuously purchasing SKY using 5 million USDC through the TWAP (Time-Weighted Average Price) function of CoW Swap. Two months ago, a multi-signature wallet starting with 0x3d4 transferred 5 million USDC to another multi-signature wallet starting with 0x18e. Subsequently, a purchasing plan was set on CoW Swap to buy SKY with 1,252 USDC every hour (UTC+8). Currently, half of this purchase plan has been executed, with 2.431 million USDC already spent.
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