{"id":609886,"date":"2026-06-05T11:53:14","date_gmt":"2026-06-05T11:53:14","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/06\/05\/forward-industries-moves-32m-in-sol-amid-1b-paper-loss\/"},"modified":"2026-06-05T11:53:14","modified_gmt":"2026-06-05T11:53:14","slug":"forward-industries-moves-32m-in-sol-amid-1b-paper-loss","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/06\/05\/forward-industries-moves-32m-in-sol-amid-1b-paper-loss\/","title":{"rendered":"Forward Industries moves $32M in SOL amid $1B paper loss"},"content":{"rendered":"

\"Forward<\/p>\n

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.<\/p>\n

Forward Industries transferred roughly $31.9 million worth of Solana tokens to Coinbase Prime Thursday, according to blockchain data, marking its first onchain activity in a month.<\/p>\n

Data from Arkham Intelligence shows<\/a> a wallet tied to the Nasdaq-listed company moved 455,784 SOL to the institutional trading platform. The transfer comes as the firm sits on steep unrealized losses tied to its large-scale bet on the token.<\/p>\n

The deposit to Coinbase Prime does not necessarily confirm an immediate sale but is commonly interpreted as a precursor to trading activity, particularly for institutional holders seeking liquidity or risk reduction. <\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

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. Forward Industries transferred roughly $31.9 million worth of Solana tokens to Coinbase Prime Thursday, according to blockchain data, marking its first onchain activity in a month. Data from Arkham Intelligence […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-609886","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/609886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=609886"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/609886\/revisions"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=609886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=609886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=609886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}