SKYAI Price Surges by 40.2% Amid Whale Accumulation and High Trading Volume

The price of SKYAI has experienced a significant rebound in the past 24 hours, with a fluctuation amplitude of 40.2%. The cryptocurrency's trading volume expanded significantly, reaching $96 million to $132 million range.

On-chain data shows that 73 wallet clusters holding around 296 million SKYAI have been accumulating the token, suspected of coordinated buying to amplify the trading effect. No obvious selling pressure has been detected.

The high trading volume support has driven the price to surge rapidly from its low point, with liquidity injection playing a crucial role in the rebound. The rotation within the AI sector and platform effect may also have contributed to the momentum.

Market sentiment is leaning bullish, with the community viewing this as a supply squeeze opportunity in the AI track. However, analysts emphasize the importance of short-term stability and warn against panic-driven volatile sell-offs.