Dragonfly Transfers Significant SKY Holdings to CEX

A significant transfer of SKY tokens has been detected, involving a suspected Dragonfly address. According to BlockBeats On-chain Detection, the address moved 137 million SKY tokens to a centralized exchange (CEX), valued at $9.05 million. The SKY holdings were originally withdrawn from a CEX in August 2021, when they were valued at $20.45 million. This movement marks a notable shift in the handling of these assets.