Solana treasury company SkyAI liquidated its reserves, transferring 211,623 SOL to Coinbase Prime half an hour ago.

PANews October 12 news, according to on-chain analyst Ember monitoring, Solana treasury company SkyAI, which holds 2 million SOL, liquidated its reserves and transferred 211,623 SOL to Coinbase Prime half an hour ago.

Their announcement yesterday said they had recently sold about 1 million SOL, and together with the 211,000 SOL just transferred to the exchange today, they should have sold a total of about 1.25 million SOL ($138 million) over the past 5 days.