Forward Industries deposits $32M in SOL to Coinbase Prime after month of inactivity

Solana has been struggling with selling pressure as the broader market feels the weight of a correction that has tested support levels across the ecosystem. The price is under stress — and data from Arkham Intelligence has identified a specific institutional transaction that adds a direct supply dimension to the current weakness on one of the most closely watched blockchains in crypto. Related Reading: HYPE Defies Market Selloff As Whales Withdraw Another $108M From Exchanges Forward Industries — a publicly traded company that has been building a Solana treasury strategy, accumulating SOL as a primary reserve asset in a model that draws direct comparison to MicroStrategy’s Bitcoin approach — has deposited 455,784 SOL worth approximately $31.87 million to Coinbase Prime after a month of complete inactivity. Forward Industries moves Solana to Coinbase | Source: Arkham A company that has been building a SOL treasury and has shown no exchange-directed activity for a full month, choosing th

Pump.fun launched GO, an escrow-based bounty marketplace letting anyone post and complete tasks for SOL rewards, within hours a user posted a 690000 dollar suicide-linked listing the platform has yet to address.

Heavily haken by ongoing volatility, Solana and its broader market are facing heightened downside pressure, pushing its price to the $68 mark. Despite how bearish SOL has turned out over the past few months, robust optimism continued to be expressed toward the leading altcoin and its market capability. Solana’s Market Structure Draws Bold Endorsement After […]

Forward Industries moved 455,784 SOL to Coinbase Prime as its 6.83M SOL holdings fell to $458.6M from a $1.59B cost. Forward Industries’ Solana treasury strategy is facing new questions after a 455,784 SOL transfer to Coinbase Prime.  The move followed a month of inactivity and came as provided figures show its 6.83 million SOL holdings […] The post Forward Industries’ Solana Gamble Crashes as SOL Transfer Sparks Fear appeared first on Live Bitcoin News.

Ripple-backed SBI Holdings has expanded its role in Solana’s institutional ecosystem after its crypto subsidiary secured responsibility for managing the SOL treasury operations of Tokyo-listed WIZE. According to an announcement from SBI VC Trade, the company will oversee the trading,…

Forward Industries' asset shift highlights the volatility and strategic challenges faced by firms heavily invested in digital currencies. The post Forward Industries moves $32M in Solana to exchange after nursing nine-figure losses appeared first on Crypto Briefing.

Forward Industries deposited 1.44M SOL worth $201.34M into Coinbase Prime. Forward Industries is the world’s largest corporate holder of Solana treasury. The move pressures Solana’s liquidity amid its 29% monthly price decline. Forward Industries kind of shook the crypto market after moving a staggering amount of digital assets to a prominent exchange.  The shock transfer […] The post $32M SOL Transfer to Coinbase Sparks Questions Around Forward Industries appeared first on Live Bitcoin News.

Forward Industries moved $31.9 million in SOL to Coinbase Prime as its Solana bet sits over 70% underwater, underscoring growing strain on corporate crypto treasuries.