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via Cointelegraph · By Cointelegraph Staff
Forward Industries Sends $32M in Solana to Coinbase as Treasury Losses Top $1B
SOL
SOL/USDT
$120.62
+3.47%
$120.62
+3.47%
(24s)24h Volume
$5,108,801,763.11
24h H/L
$122.94 / $116.34
Change: $6.60 (5.67%)
Long/Short
63.0%
Long: 63.0%Short: 37.0%
Funding Rate
-0.0059%
Shorts pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(10:59 AM UTC)
1 min read
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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