Forward Industries Moves 1.88 Million SOL to Coinbase Prime

Forward Industries moved 1,882,812 Solana (SOL) tokens to Coinbase Prime on Nov. 14 in a transfer valued at $130 million, a large wallet movement involving the company’s reported SOL position. The transfer occurred at about 6:52 p.m. ET (23:52 UTC), 10 minutes before a post at 00:02 UTC on Nov. 15. Forward held 8,727,000 SOL, worth $611 million, and was the largest SOL treasury company. The transferred amount is about 21.6% of the reported holdings by token count. The two valuations apply to different amounts: $130 million for the SOL moved and $611 million for the broader reported position.