SkyAI cuts its losses, selling 1 million SOL
- Sold 1 million SOL, cashing out approximately $107 million. Since October, it has transferred a total of 1.57 million SOL, worth $175 million.
- Average purchase price: $194. Currently sitting on over $160 million in unrealized losses, and the official statement says it may continue selling.
The tokens are still being moved off-chain. With an average price of $194, that level has become the toughest resistance overhead, and any short-term rebound could easily be capped by this supply. If you’re holding SOL, share your cost basis—would you dare to buy at this level?
$SOL $BTC $ETH
- Sold 1 million SOL, cashing out approximately $107 million. Since October, it has transferred a total of 1.57 million SOL, worth $175 million.
- Average purchase price: $194. Currently sitting on over $160 million in unrealized losses, and the official statement says it may continue selling.
The tokens are still being moved off-chain. With an average price of $194, that level has become the toughest resistance overhead, and any short-term rebound could easily be capped by this supply. If you’re holding SOL, share your cost basis—would you dare to buy at this level?
$SOL $BTC $ETH