Pump.fun is selling again: 76,111 SOL sent to Kraken.
Facts (COINOTAG):
• Pump.fun resumed its Solana treasury sales
• 76,111 SOL, about $6.85M, moved to Kraken
• $PUMP was the steepest faller in the top 100 today, -6.88% (CoinMarketCap)
• $SOL sits near $89, below $90
A treasury moving coins to an exchange often signals selling, but $6.85M is small next to SOL's daily volume. The bigger question is whether these sales keep repeating.
Do project treasury sales weigh on price for you, or is it noise?
Not financial advice.
#PumpFun #Solana #CryptoNews
Facts (COINOTAG):
• Pump.fun resumed its Solana treasury sales
• 76,111 SOL, about $6.85M, moved to Kraken
• $PUMP was the steepest faller in the top 100 today, -6.88% (CoinMarketCap)
• $SOL sits near $89, below $90
A treasury moving coins to an exchange often signals selling, but $6.85M is small next to SOL's daily volume. The bigger question is whether these sales keep repeating.
Do project treasury sales weigh on price for you, or is it noise?
Not financial advice.
#PumpFun #Solana #CryptoNews