Top Corporate Solana Holder Transfers 455K SOL to Coinbase Prime

After remaining inactive for a month, Forward Industries transferred 455,784 SOL, valued at approximately $31.9 million, to Coinbase Prime.

The move comes as the company continues to hold a significant Solana position following the launch of its treasury strategy in September 2025. Since then, Forward Industries has acquired 6.83 million SOL for a total of about $1.59 billion, paying an average of $232.08 per token.

However, the value of those holdings has fallen significantly. Based on current market prices, the company’s SOL position is worth roughly $458.6 million, resulting in an unrealized loss of nearly $1.13 billion.

Source: Lookonchain