Forward Industries Transfers 455,784 SOL ($31.87M) to Coinbase Prime, Still $1.13B Underwater

Forward Industries, described as the largest corporate holder of SOL, sent 455,784 SOL valued at about $31.87 million to Coinbase Prime after roughly a month without major transfers. The company is reported to hold 6.83 million SOL acquired for about $1.59 billion at an average $232.08, leaving an unrealized loss near $1.13 billion at current prices. The move revived market concerns about potential selling, though prior transfers have also returned onchain.