SkyAI, described as a company that holds Solana as a primary treasury asset, is suspected of moving 468,000 SOL valued at approximately $51.1 million, according to on-chain monitoring reports circulating as of October 2026. The report has not been independently verified through a Solscan transaction linking a known SkyAI treasury address to the outflow, and no destination wallet or explanation from SkyAI has been identified. Earlier reporting attributed 218,000 SOL to transfers to centralized exchanges and 250,000 SOL to BitGo, while describing the addresses as linked to SKYA (Nasdaq: SKYA), formerly Sharps Technology; the newer account leaves those details unconfirmed. A Sept. 14 filing previously showed SKYA held more than 2 million SOL, which would put the reported amount at roughly 23% of those holdings. A transfer alone does not establish a sale, as treasury operators can move assets among cold storage, custodians and operational wallets.