SOL Treasury Company SKYA Transfers 468,000 SOL Worth $51.1 Million in 1 Day

According to Odaily, on-chain analyst Yu Jin said addresses linked to SOL treasury company @skyaico (Nasdaq: SKYA) transferred 468,000 SOL worth $51.1 million over the past day. Of that amount, 218,000 SOL was sent to multiple centralized exchanges, while 250,000 SOL was transferred to institutional services platform BitGo. SKYA's latest filing on September 14 showed the company held more than 2 million SOL in reserves at the time.