SOL Max Treasury Company FORD transferred 250,000 SOL to market maker Galaxy Digital

ChainCatcher news, according to Emmett Gallic, the largest SOL treasury company Forward Industries Inc (FORD) transferred 250,000 SOL ($50 million) from Coinbase Prime to Galaxy Digital.

Speculation suggests that this transaction is a sale, or Galaxy will deploy it somewhere in DeFi. As of September 15, the largest SOL treasury company Forward Industries has accumulated a total of 6.822 million SOL at an average price of $232.