Hupzy (Spot On Chain)|10月 12, 2026 12:17
SkyAI (Nasdaq: SKYA) has moved 𝟮𝟭𝟭,𝟲𝟮𝟯 𝗦𝗢𝗟 to Coinbase Prime in its latest tranche, part of a five-day liquidation that has unloaded roughly 𝟭.𝟮𝟱𝗠 𝗦𝗢𝗟 ($𝟭𝟯𝟴𝗠) from a treasury that once held about 2M SOL. The company is liquidating its entire SOL reserve to fund a buyback of 95% of outstanding shares.
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A corporate treasury dumping $138M of SOL into Coinbase Prime in five days is direct, sustained sell pressure on a token tradeable as a perp on Hyperliquid. With roughly 𝟳𝟱𝟬𝗞 𝗦𝗢𝗟 still in the treasury and the tender offer still open, the overhang persists until the buyback completes. Traders should factor this institutional supply into near-term SOL setups.
https://arkm.com/explorer/entity/sharps-technology
source: EmberCN
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