According to monitoring data from Yu Jin, Spark transferred 570,000 USDS to a new multi-signature wallet two days ago and conducted a series of small $SPK purchases using CoW Swap's TWAP feature. As of now, Spark has repurchased 1.84 million SPK, with a total investment value of approximately $36,000. It is worth mentioning that Spark's repurchase mechanism stipulates that $35 million of the operational reserve funds will remain unchanged, while the remaining funds will have 10% withdrawn monthly for SPK repurchases, with plans to continue the repurchase activities for 12 months.
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