Company with an Altcoin Treasury Begins Selling: $138 Million in Sales in Five Days

SkyAI, one of the publicly traded companies contributing to the Solana treasury, reportedly sold approximately 1.25 million SOL in the last five days. This amount is worth approximately $138 million in current market value. According to on-chain data, an additional 211,623 SOL were sent to Coinbase Prime from wallets linked to the company. SkyAI had confirmed the sale of approximately 1 million SOL the day before. Assuming this latest transfer was also for resale purposes, the company's total sales over the past five days reach approximately 1.25 million SOL.