via Cointelegraph · By Cointelegraph Staff
Forward Industries Sends $32M in Solana to Coinbase as Treasury Losses Top $1B
SOL/USDT
$2,918,639,165.54
$82.43 / $79.23
Change: $3.20 (4.04%)
+0.0030%
Longs pay
Forward Industries transferred roughly $31.9 million worth of Solana tokens to Coinbase Prime Thursday, according to blockchain data, marking its first onchain activity in a month.
Data from Arkham Intelligence shows a wallet tied to the Nasdaq-listed company moved 455,784 SOL to the institutional trading platform. The transfer comes as the firm sits on steep unrealized losses tied to its…
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