Forward Industries Moves $31.8 Million in Solana to Coinbase Prime, Stirring Sell-Off Concerns

Forward Industries' sudden transfer of a large tranche of Solana (SOL) to Coinbase Prime has put traders on edge, as the move comes after a month of wallet inactivity and amid a sharp drawdown in SOL's price. The transaction is being closely watched for signs of potential selling—or, alternatively, a routine custody reshuffle that markets may be overreading.