BlockBeats News, October 10: According to monitoring by EmberCN, addresses associated with Nasdaq-listed SOL treasury company SkyAI (SKYA) transferred out 468,000 SOL over the past 24 hours, worth approximately $51.1 million at current prices. Of that amount, 218,000 SOL was transferred to several centralized trading platforms, while another 250,000 SOL was sent to institutional crypto asset services platform BitGo.
SkyAI’s latest filing, published on September 14, showed that the company then held more than 2 million SOL in reserves. It remains unclear whether these transfers indicate that the company is selling SOL, and the related fund flows alone do not directly prove that it has completed a reduction in its holdings.
SkyAI’s latest filing, published on September 14, showed that the company then held more than 2 million SOL in reserves. It remains unclear whether these transfers indicate that the company is selling SOL, and the related fund flows alone do not directly prove that it has completed a reduction in its holdings.