SkyAI has transferred 568,000 SOL, worth approximately $63.87 million, to exchanges over the past three days. The entity holds over 2 million SOL valued at roughly $220 million and appears to be moving assets at a loss.
With an average purchase price of around $194 per token, SkyAI faces an estimated unrealized loss of $46 million if the transferred SOL is sold at current market levels. This significant exchange inflow suggests potential liquidation or portfolio restructuring despite the negative return.
SkyAI Transfers 568,000 SOL to Exchanges Amid Potential $46M Loss
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