SOL's largest treasury company FORD transfers 250,000 SOL to market maker Galaxy Digital

According to ChainCatcher, Emmett Gallic reported that the largest SOL treasury company, Forward Industries Inc (FORD), has transferred 250,000 SOL (50 million USD) from an exchange to Galaxy Digital.

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