According to PANews, Framework Ventures co-founder Vance Spencer stated on X that Framework is the only major VC still heavily holding Sky tokens, while most other institutions have sold or significantly reduced their positions. Paradigm, a16z, Bain, and Syncracy have fully sold their holdings, while Dragonfly and Parafi have sold most of theirs.
Framework Ventures Remains Major Holder of Sky Token as Most VCs Sell Out
PANewsShare
Summary
Framework Ventures co-founder Vance Spencer said on X that the firm remains the only major VC with a heavy Sky token position, as most others have sold out. Paradigm, a16z, Bain, and Syncracy have fully exited, while Dragonfly and Parafi have sold most of their holdings. Traders are now watching key support and resistance levels to assess the token’s next move, with the risk-to-reward ratio in focus for potential entry points.
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