PUMP
−0.3%Pump.fun transfers 47994 SOL to Kraken amid ongoing treasury sales
Image: Crypto.newsPump.fun transferred 47,994 SOL worth approximately $5.83 million to Kraken. On-chain data indicates cumulative platform sales have reached $848 million across 5,236,623 SOL at an average price of $162 per token. The project routinely sends accumulated trading fees to centralized exchanges. Solana traded near $121 to $123 following the latest transfer, gaining over the previous 24 hours.
Key points
- Pump.fun transferred 47,994 SOL worth approximately $5.83 million to Kraken.
- The transfers follow a recurring pattern of moving accumulated fee revenue to Kraken.
Why it matters
On-chain trackers monitor these recurring exchange deposits to observe platform treasury management and large-scale token flows.
Price context · SOL
At publication
$124.27
Now
$123.85
Change since
−0.34%
7 days · dashed line = publication
Sources · 2 publishers
U.Today
Tier 2
Pump.Fun Reports Enormous Selling Volume of $5.8 Million in 24 Hours, Totaling $848 Million
Coverage timeline
- First reported by Crypto.news
- Confirmed by U.Today
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
