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2026-07-02 00:45:49

CoinWorld News, according to on-chain analyst Yu Jin monitoring, investment institution parafi capital withdrew 56 million SKY from Coinbase Prime an hour ago, and currently holds 126 million SKY in total, with an unrealized loss of $1.72 million.

SKY0.05%

View Original

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BlueMultisig

· 3h ago

Institutional-level floating losses of 1.72 million are actually manageable; the key is whether the SKY ecosystem can have a narrative to drive it up next.

View OriginalReply0

BridgeTroll

· 3h ago

On-chain data doesn't lie; a position of 126 million is not small. Let's see how it plays out.

View OriginalReply0

MoonlightShellPool

· 3h ago

Parafi’s SKY position is a bit heavy; withdrawing 56 million tokens is still down by $1.72 million unrealized, and even institutions can’t withstand the market swings.

View OriginalReply0

PrivateKeyInAGlassBottle

· 3h ago

Coinbase Prime withdrawals are usually not short-term moves. Floating losses are floating losses, and positions show one’s stance.

View OriginalReply0

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