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Pump.fun sends 68,260 SOL worth about $6.15m to Kraken after 15-day pause

NewsFeeds update

Pump.fun moved 68,260 SOL, worth about $6.15m, to Kraken through an intermediary wallet, ending a 15-day lull, as SOL fell 6.9%, according to Onchain Lens.

AltcoinsOdailyAIBearish

Read the original on Odaily

The story so far: Pump.fun SOL transfers to Kraken

Pump.fun has repeatedly moved SOL fee revenue to Kraken, including 129,800 SOL worth $14.1m in October and another 68,260 SOL worth about $6.15m. It has now sent 76,111 SOL worth about $6.85m, and has sold roughly 5.63m SOL in fees since early 2024 at an average of about $158.7.

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  1. PUMP FUN moves 129,800 SOL worth $14.1m to Kraken

  2. Pump.fun sends 68,260 SOL worth about $6.15m to Kraken after 15-day pause

  3. Pump.fun moves 76,111 SOL in fees to Kraken, worth about $6.85m

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.