💥💥 PUMP.FUN MOVES $5.8M IN SOL TO KRAKEN
🔥 Pump.fun’s fee wallets transferred around 47,994 SOL worth $5.83M to Kraken within roughly 2 hours.
✅ Total SOL sold by Pump.fun has now reached around 5.24M SOL, worth approximately $848M
✅ Average selling price: around $162 per SOL
✅ Despite the selling pressure, SOL has climbed from ~$75 in early August to above $123
📌 The transfers appear to be part of Pump.fun’s ongoing treasury management rather than a one-time sell-off.
🔥 Pump.fun’s fee wallets transferred around 47,994 SOL worth $5.83M to Kraken within roughly 2 hours.
✅ Total SOL sold by Pump.fun has now reached around 5.24M SOL, worth approximately $848M
✅ Average selling price: around $162 per SOL
✅ Despite the selling pressure, SOL has climbed from ~$75 in early August to above $123
📌 The transfers appear to be part of Pump.fun’s ongoing treasury management rather than a one-time sell-off.