SkyAI’s reported SOL sales: what the October transfers establish, whether more selling may follow, and how to read the claimed losses.

$SOLOct 13, 2026, 06:54 UTC

Reported position and transfers

Lookonchain said on October 13 that SkyAI had held 2 million SOL, transferred 1.57 million SOL out in October, and disclosed selling 1 million SOL for about $107 million with possible further sales. Those are Lookonchain’s reported figures, not independently verified wallet flows or a confirmed sale record (Lookonchain, October 13). A transfer out does not by itself establish a sale or realized loss.

Loss estimate

Lookonchain put the average purchase price near $194 and unrealized losses above $160 million. At the available SOL quote of about $108.54, 2 million SOL would be worth roughly $217 million versus about $388 million at that reported average cost, an indicative difference near $171 million if the full 2 million remained held. The calculation assumes those quantities and cost basis are accurate; it is not a realized loss calculation.

Potential continuation

Lookonchain said SkyAI may continue selling, but the supplied October 12 release could not be corroborated from an accessible company disclosure in the sources found. The amount sold, remaining balance, and any subsequent sales are therefore not established here. The sources do not name the wallets or provide transaction-level evidence tying the reported transfers to completed sales.

Lookonchain report · SkyAI October 12 release · Arkham Sharps Technology entity

Ask your own

Case file

$SOLSolana, solana

Answered Oct 13, 2026, 06:54 UTC

Sources 3

Lookonchain, October 13x.com
SkyAI October 12 releaseglobenewswire.com
Arkham Sharps Technology entityarkm.com

Research trace 11

The page arkm.com
The page www.globenewswire.com
The supplied links did not yield readable text. These independent reads look for SkyAI's own disclosure, the Lookonchain post and corroboration, current SOL pricing, and independently reported position and loss figures.
The prior results found only Lookonchain's report and repetitions of it. SkyAI's X feed had no October sales statement, and the supplied pages were unreadable, so this step checks an alternate release URL and targeted posts for the disclosure and wallet identifiers; current SOL pricing updates the reported valuation.
The prior results establish Lookonchain's reported figures and a current SOL quote, but do not identify the wallets or provide SkyAI's source disclosure. These independent reads retry the release through its alternate URL and search for the filing, wallet identifiers, and position details.
Lookonchain reports 1.57M SOL transferred out and possible further sales, but the supplied release and Arkham page were unreadable and no wallets were identified. These reads seek the company filing, any direct disclosure, and independent wallet or position evidence; a transfer will not be treated as a completed sale without corroboration.
The source disclosure is still unverified: SkyAI's X feed had no October posts and the supplied release URL was unreadable. Read the filing and retry the release alongside the complete company feed for the stated amount sold and whether further sales are authorized or intended.
The prior results show Lookonchain’s October 13 report and a roughly $108 SOL quote, but no independently identified wallets or direct company statement. These reads seek an accessible filing or announcement, traceable wallet references, and an updated quote to assess the reported figures.
The previous results identify the claimed sales only through Lookonchain and repetitions, while no wallet address was surfaced. These reads seek an accessible direct disclosure, SEC context, traceable wallet lead, and a fresh SOL price so the loss estimate can be framed against current valuation.
These reads revisit the reported October sale and possible continuation, check for independent transfer corroboration, and refresh the SOL quote used to frame the claimed losses.
All independent avenues already tried found Lookonchain’s report but did not identify a wallet, verify the reported sale through transfers, or surface a direct company disclosure. The remaining figures can be explained as reported claims and an indicative valuation at the available SOL quote.