Gate News bot message, according to BWENEWS, an abnormality has occurred in a market maker's grid strategy, currently causing ETH price fluctuations. The report also mentions that MKR has a market capitalization of $146 million.

PANews December 12 News, Sky posted on the X platform that the vote to increase the penalty for the delayed upgrade from MKR to SKY from 1% to 2% is now open. If the vote passes, starting from December 15, 2025, all MKR upgrades to SKY will be subject to a 2% penalty.

BlockBeats news, on September 22, Sky (formerly Maker) announced on social media that the SKY&MKR Token exchange latency penalty has been activated. As of today, all MKR to SKY upgrades will incur a 1% penalty. According to the regulations of Sky Atlas, this penalty will increase by 1 percentage point every three months.

Sky (formerly MakerDAO) has announced on the X platform that the voting for the penalty proposal for the upgrade from MKR to SKY has begun. If the vote passes, starting from September 22, 2025, the MKR to SKY upgrade will face a 1% penalty, which will increase by 1% every three months.

PANews September 16 news, Sky tweeted that over 75% of MKR supply has been completed for the upgrade to SKY. Regarding the latency penalty for the MKR upgrade to SKY, the governance vote will be confirmed on September 18, and if approved, the penalty measures will take effect on September 22.

Golden Finance reported that Balaner posted on the X platform to remind that the migration deadline for MKR Token to SKY Token is September 18th, which means that current MKR Token holders only have five days to migrate, otherwise they may be penalized. If governance approval is obtained, starting from September 22nd, late migration will result in a loss of 1% of SKY Token (increasing every quarter), meaning that for each MKR Token held, one could potentially lose 240 SKY Tokens.

In the past 24 hours, large on-chain capital flows have remained active, with ETH continuing to be a key allocation target for institutions and Whales; BTC's ancient chips have not seen large-scale movements in the short term, and the portfolio allocation trend is primarily focused on the ETH and BTC combination; SOL has seen large withdrawals by Whales and deposits into Kamino, with high capital activity; XRP funds remain stable; among other tokens, WLD, HYPE, AAVE, and MKR have become the focal points of long and short capital games.

PANews September 9 news, according to Yujin, 25,562 MKR (approximately $42.6 million) was transferred from 10 Anchorage accomplice addresses to a certain institution's business platform address, which may flow to CEX. This batch of MKR was held at an average price of $2,073 in January 2024, and the current transfer price is $1,667, resulting in unrealized losses of $10.38 million.

In the past 24 hours, on-chain funds in the crypto market continued to flow significantly, with ETH becoming the core focus: BitMine and newly created Wallets continued Accumulation, with 150,000 ETH from early ICO chips being re-staked, and exchange inventories further tightening; the funding situation for BTC was relatively calm, with only one Ukrainian donation transfer; in other Token zones, WLFI saw frequent large transfers and leverage operations, with significant capital movements in ENS, HYPE, and MKR, and the expansion trend of stablecoins showed no signs of stopping, as Tether minted another 2 billion USDT. Overall, institutions and Whales continue to concentrate on ETH, while the volatility risk for other Tokens is increasing, and the expansion of stablecoins may provide liquidity support for the market.

BlockBeats news, on September 5th, according to Lookonchain monitoring, two Whale addresses accumulated 22,753 MKR through FalconX. Wallet 0xb2c7 received 14,000 MKR (24.25 million USD) from FalconX 6 hours ago. Wallet 0xc230 received 8,753 MKR (15.37 million USD) from FalconX in the past 2 months.