📈 Forward Industries deposited 455,784 SOL ($31.87M) to Coinbase Prime after a month of inactivity. The company's Solana treasury strategy is now underwater by ~$𝟭.𝟭𝟯𝗕 — they bought 6.83M SOL at $232 average, now worth $458.6M. Explorer: https://arkm.com/explorer/entity/forward-industries 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A distribution signal from a treasury company sitting on massive paper losses. Coinbase Prime points toward OTC or structured selling rather than spot dumping, but the overhang remains. If other SOL treasury companies follow, the crowded late-2025 SOL treasury trade could unwind fast. --source: https://x.com/lookonchain/status/2062736598018478445 Track real-time signals & trade → https://hupzy.com/trending(Hupzy (Spot On Chain))