SKYA: Moves 468K SOL to CEXes and BitGo

SKYA shifted 468000 SOL valued at $51.1 million from its treasury in the last 24 hours, routing 218000 tokens to multiple centralized exchanges and 250000 tokens to institutional custodian BitGo. The Nasdaq-listed firm reported holdings above 2 million SOL in its September 14 filing.

Price action on the 4-hour chart shows SOL at $109.33 beneath the EMA50 at $115.67 and EMA200 at $112.25, locking in the bearish trend while the MACD death cross at -2.65 reinforces downside pressure. RSI at 30.38 leaves room before oversold territory, and the token remains inside the Bollinger bands with lower support at $105.22 and upper resistance at $121.22, pointing to a likely probe of the lower band before any sustained recovery attempt.