Pump.fun sold more $SOL again. 47,994 SOL to Kraken. About $5.83M
Total now sits around 5.23 million SOL. Roughly $848M sold. Average price was $162
This is not panic. This is routine. Fees come in as SOL, they keep cashing it out.
And $SOL is still hanging around $121. Market just keeps absorbing it.
At the same time they’re buying back $PUMP. Sell SOL, buy their own token. That’s the loop.
SOL isn’t breaking from this. But the selling is not done either. If you’re holding SOL, expect more of these transfers.
You ignoring these, or watching every time they move SOL?
Total now sits around 5.23 million SOL. Roughly $848M sold. Average price was $162
This is not panic. This is routine. Fees come in as SOL, they keep cashing it out.
And $SOL is still hanging around $121. Market just keeps absorbing it.
At the same time they’re buying back $PUMP. Sell SOL, buy their own token. That’s the loop.
SOL isn’t breaking from this. But the selling is not done either. If you’re holding SOL, expect more of these transfers.
You ignoring these, or watching every time they move SOL?
