Lookonchain: SkyAI Dumps $SOL Holdings, Sits on $160M+ Loss
SkyAI (@skyaico), once a holder of 2M $SOL worth $214M, has been offloading its $SOL position aggressively. The firm disclosed it sold 1M $SOL ($107M) and said further sales remain possible. Onchain records show 1.57M $SOL ($175M) moved out of its wallets in October. With an average entry price near $194, SkyAI is now nursing losses of more than $160M.