Strategic Exit by Major Holder Reshapes SKY Landscape
On March 22, a long-term SKY holder executed a significant portfolio adjustment, transferring 50 million tokens to Binance—valued at approximately $3.8 million. Data from EmberCN reveals this move follows a well-timed accumulation phase during last year’s market downturn.
From Deep-Value Accumulation to Profit Realization
The address began building its position in November 2025, acquiring 97.13 million SKY at an average cost of $0.048 per token. The recent sale at $0.076 represents a gain of over $2.7 million, reflecting a 58% return in less than six months.
- Accumulation period: November 2025 market dip
- Total acquired: 97.13M SKY
- Average entry: $0.048
- Exit price: $0.076
- Profit margin: +58%
Experts suggest this is a tactical partial exit rather than a full divestment. Such moves by early investors may trigger short-term volatility but could also lay the groundwork for broader market participation.