SkyAI has sold 1 million Solana (SOL) tokens valued at about $107 million, significantly reducing its holdings amid more than $160 million in unrealized losses. The average purchase price was around $194 per token, leading to the large loss at current valuations. Since October, blockchain data shows 1.57 million SOL moved from SkyAI-linked accounts, originally worth about $175 million. SkyAI may continue selling more SOL, making future transfers a key point to watch for investors.
SkyAI's recent sale of 1 million Solana (SOL) tokens is notable amid its significant unrealized losses. For readers following the cryptocurrency market, here is Pluang's market snapshot as of Oct 13, 2026 09:41 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell. Notable movers include EOS with a price of Rp12.649 and a 1-day change of +8.13%, VET at Rp130 down 7.98% with a typical hold time of 147 days and balanced buy/sell activity, and GRT at Rp457 down 7.93% with a strong sell order activity of 78%.
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SkyAI has sold about 1 million Solana (SOL) tokens, roughly half of its original holdings, to raise funds for stock and warrant buybacks. The company still holds about 1 million SOL and may continue selling depending on market conditions. The sales h...
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