SKYA Liquidates Reserves, Selling 1.25M SOL in Five Days
Solana treasury firm SKYA has liquidated its reserves, offloading an estimated 1.25 million SOL over a five-day span.
Solana treasury firm SKYA has liquidated its reserves, selling an estimated 1.25 million SOL over a five-day period, according to bloomingbit.
Multi-Day Treasury Offload
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The liquidation represents a full unwinding of the firm's reserve holdings. Over the course of five days, SKYA is estimated to have offloaded approximately 1.25 million SOL into the market.
Further specifics regarding the transaction venues or the precise financial reasons behind the reserve liquidation were not immediately detailed.
Key facts
- Solana treasury firm SKYA liquidated its crypto reserves.
- The firm is estimated to have sold 1.25 million SOL.
- The sales were executed across a five-day timeframe.
Source: news.google.com
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