Forward, the largest Solana treasury company, transferred 1.88 million SOL worth approximately $130 million into Coinbase Prime, according to on-chain analyst Ember monitoring data reported November 15. The transfer represents a significant portion of Forward's holdings, which currently stand at 8.73 million SOL valued at roughly $611 million. The movement to Coinbase Prime suggests potential institutional trading activity or liquidity management by the SOL-focused treasury entity.