SkyAI, a treasury firm managing Solana tokens, has sold or transferred about 1.25 million SOL tokens valued at approximately $138 million within five days. This activity includes a recent sale of 1 million SOL and a transfer of over 211,000 SOL to Coinbase Prime. Previously holding around 2 million SOL, this marks a substantial reduction in SkyAI's Solana reserves. The move highlights ongoing liquidation of SOL assets by the firm, which could impact Solana's market dynamics.
Solana (SOL) trades at Rp1.976.741 on Pluang as of Oct 12, 2026 19:31 WIB, showing a 1.10% gain in the last day. The platform records a market cap of Rp1.173,65 trillion and a 24-hour trading volume of Rp41,4 trillion. Pluang users currently favor buying SOL, with 73% of orders as buys and a typical hold time of 71 days. This market activity provides context to SkyAI's recent large-scale SOL transactions.
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