SkyAI: Sends 568K SOL to Exchanges at Loss
Lookonchain reports SkyAI transferred 568000 SOL valued at 63.87M to exchanges over three days from its 2M SOL holdings bought at an average 194 per token, locking in a potential 46M loss at current prices.
SourceAnalysis
SkyAI moved 568000 $SOL worth 63.87M to exchanges across three days while sitting on more than 2M tokens acquired near 194 each.
SOL prints 109.62 on the 4h chart with price wedged inside the Bollinger Bands and below both the EMA50 at 115.68 and EMA200 at 112.26, confirming the bearish structure and death cross on the MACD; any bounce attempt toward the upper band at 121.2 faces immediate resistance while the lower band at 105.27 offers the next measurable support before further downside materializes.
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