TechFlow reported, according to on-chain analyst Yujin, MakerDAO co-founder Rune Christensen attempted to buy SHIB on March 1, after which SHIB rose by 50% on March 2.
Rune then continued to purchase SHIB worth 400,000 USDC (17.6 billion SHIB) 12 hours ago, and SHIB subsequently surged 20% within a few hours.
So far, Rune has spent a total of 500,000 USDC buying 25 billion SHIB at an average price of $0.00002.




