A Nov. 14 transfer to Coinbase Prime moved about one-fifth of Forward Industries’ previously reported Solana position: 1,882,812 SOL valued at roughly $130 million.
The transfer took place at about 6:52 p.m. ET. It represented about 21.6% of the 8.727 million SOL position cited in the report, measured by token count. That broader position was separately valued at $611 million.
The transfer alone does not show whether a sale took place or how the SOL was used after reaching Coinbase Prime.
Forward’s Nov. 10 treasury update listed 8,727,694 SOL and equivalents as of Nov. 9. The preliminary, unaudited figure predates the transfer and is not a post-transfer balance. It included SOL, fwdSOL and SOL pledged as collateral, but excluded borrowed SOL.
