SkyAI has sold 1 million SOL to cash out $107 million, with unrealized losses on its holdings exceeding $160 million.

BlockBeats news, October 13th, according to Lookonchain monitoring, SkyAI, which once held 2 million SOL worth approximately $214 million, has recently been continuously selling large amounts of SOL. SkyAI has disclosed the recent sale of 1 million SOL, worth approximately $107 million, and stated that it may continue selling.

On-chain data shows that since October, SkyAI has transferred out 1.57 million SOL, worth approximately $175 million. Its average purchase price was around $194, and it is currently sitting on an unrealized loss of over $160 million.