SOL treasury company SkyAI allegedly transferred 468,000 SOL, worth approximately $51.1 million.

BlockBeats news, October 10th, according to EmberCN monitoring, the address associated with Nasdaq-listed SOL treasury company SkyAI (SKYA) transferred out 468,000 SOL in the past 24 hours, valued at approximately $51.1 million at current prices. Among them, 218,000 SOL was transferred to multiple centralized exchanges, and another 250,000 SOL was transferred to institutional crypto asset service platform BitGo.

SkyAI's latest filing released on September 14th showed that the company held over 2 million SOL in reserves at that time. It is currently unclear whether this transfer means the company is selling SOL, and the related fund flows cannot directly prove that it has completed a reduction in holdings.