SkyAI dumps 1 million SOL at a loss

SkyAI has sold 1 million SOL, cashing out for $107 million at an average cost of $194. It’s sitting on an unrealized loss of over $160 million, and the remaining 1.57 million SOL is still being transferred out. The team says it will keep selling.

With this much supply continuing to hit the market, every time SOL surges above $200 becomes a bagholder zone. I’m not going long in the short term.

For those of you still holding SOL, what’s your average cost?

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