An address suspected to be linked to Dragonfly has transferred approximately 137 million SKY tokens, valued at $9.05 million, to Coinbase, according to on-chain data. This transaction highlights a significant shift in the holdings of the address, which previously held MKR tokens. The value of these holdings has decreased by over 50% compared to five years ago, reflecting a substantial decline in the token's market value since the initial acquisition.
Suspected Dragonfly Address Moves $9.05M in SKY Tokens to Coinbase
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