Markets· ★★★· bearish·

SkyAI Sells About 1.25M SOL Worth $138M in Five Days

  • —About 1.25M SOL sold in five days for roughly $138M
  • —A further 211,623 SOL moved to Coinbase Prime
  • —SkyAI confirmed selling about 1M SOL a day earlier
  • —Buyback targets up to 95% of outstanding shares
Why it matters: The treasury sell-off weighs on SOL and raises questions about whether other public crypto treasury firms can hold their positions.
Source: Bitcoin Sistemi