After the Sky token unlock: Framework becomes the only major holder, while other VCs have almost fully liquidated.

HashBandit · 2025-12-11T03:58:18+00:00

After the Sky tokens are unlocked, multiple venture capital firms quickly liquidated their holdings, with Paradigm, a16z, Bain Capital, and Syncracy all exiting, indicating a shift in their attitude towards Sky. Conversely, Framework Ventures continues to hold a large amount of Sky tokens, appearing relatively steadfast.

HashBandit

2025-12-11 03:58:18

Abstract generation in progress

【Chain News】After the Sky tokens are unlocked, the actions of various VCs are quite interesting. Vance Spencer, co-founder of Framework Ventures, recently revealed that their institution is now basically the only VC still holding a large amount of Sky.

What about others? Paradigm previously held about 7% of the position, but now they have fully sold out. a16z also did the same, liquidating all of their 6% stake. Bain Capital originally held 2-4%, but they also completely sold out. Syncracy’s 1% is also gone.

Dragonfly and Parafi, although not fully out, are close—Dragonfly cut their 4-5% position by more than half, and Parafi sold off about 7-8% of their 3-4% holdings.

With the unlocking wave, the true attitudes of each institution immediately become clear. Framework is considered to be standing quite firm this time.

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CoffeeNFTrader

· 2025-12-13 15:59

Haha, I really can't hold it anymore. When big institutions like Paradigm and A16Z unlock, they all run away, while Framework stubbornly holds on... Is this really faith or just being trapped?

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BoredApeResistance

· 2025-12-11 04:28

Oh wow, this is what they call true love. Framework is really different. Everyone else is fleeing, but Framework is still holding on tightly. It's either faith or a bunch of newbies; I bet it's faith. a16z paradigm and these big shots are clearing their positions one by one. Their true faces are exposed. Framework probably got caught in a trap, haha. Unlocking it reveals people's true intentions. This move shows who is sincere and who is cutting losses. Other VCs are fleeing very quickly. Is Framework going all in? It's a bit unbelievable. Is Framework just坚持 alone, is it firm or not醒? Feels like a plot twist. Let's wait and see how it develops next.

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CommunityLurker

· 2025-12-11 04:25

Unbelievable, Paradigm and a16z actually left nothing behind. Is this what they call faith? Is Framework about to go solo and take on Sky? Quite daring. Only in a liquidation wave can you see who truly believes and who doesn't. Can Sky survive this round? I remain skeptical. The VCs have exited thoroughly, what does that imply? Framework is holding onto it tightly; it's either full confidence or gambling. Paradigm's 7% stake leaving nothing behind shows they are serious. Does anyone still dare to take over? Honestly, I'm a bit worried about this pace. Framework fighting alone still believes in the fundamentals; it's hard to judge. What are these institutions thinking during the liquidation? They probably regret it already. Going solo or being persistent, let's wait and see the outcome. But this unlocking wave is like a mirror that reveals true intentions.

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0xDreamChaser

· 2025-12-11 04:25

It's really interesting. Paradigm and a16z are completely wiped out, this is what you call "faith"... Anyway, Framework is now a孤家寡人, they must really believe in Sky to hold on so stubbornly. Impressive.

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AirdropHunterXiao

· 2025-12-11 04:09

Look, once unlocked, everyone reveals their true colors. Paradigm is indeed still the fastest to run, and a16z didn't hold back either. Truly, all institutions are the same.

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