CryptoMedium•12 October 2026•
1 min read
SkyAI Transfers 211,623 SOL to Coinbase Prime Amid Shrinking Reserves
Key Facts
1SkyAI transferred 211,623 SOL to Coinbase Prime as its reserves continue to shrink.
2The company has sold or transferred approximately 1.25 million SOL worth $138 million over the last five days.
SkyAI transferred 211,623 SOL tokens to Coinbase Prime as its digital asset reserves continue to shrink. TokenPost reported that the company has sold or transferred approximately 1.25 million SOL, valued at $138 million, over the last five days.
These significant institutional movements occurred as SkyAI (SKYA) shares closed at $1.82 on October 9, 2026. Regarding the exchange involved, Coinbase Global (COIN) shares closed at $179.39 on the same date, October 9, 2026, as large-scale inflows to centralized exchanges typically signal potential liquidation or treasury management strategies.