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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
$102.46
-1.28%
$102.46
-1.28%
(24s)24h Volume
$2,223,421,286.36
24h H/L
$104.51 / $100.21
Change: $4.30 (4.29%)
Long/Short
70.7%
Long: 70.7%Short: 29.3%
Funding Rate
-0.0053%
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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