Forward Industries moves $123M of SOL to Coinbase Prime
The Solana treasury firm deposited 1.78M SOL to Coinbase Prime, sparking speculation about selling.
1.78M SOLSOL deposited into Coinbase Prime
$123MValue of SOL deposited to Coinbase Prime
8.73M SOLSOL held by Forward Industries
Confirmed
- Forward Industries deposited 1.78M SOL ($123M) into Coinbase Prime, per on-chain data
- Forward Industries holds 8.73M SOL (about $600M), according to on-chain data
Not yet known
- Whether Forward Industries plans to sell the SOL it deposited into Coinbase Prime
What we know
On-chain data shows Forward Industries, holding 8.73M SOL (about $600M), deposited 1.78M SOL ($123M) into Coinbase Prime. Whether it plans to sell is unknown.
What people are posting
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@lookonchain
“Is Forward Industries planning to dump $SOL?”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.