102,000 SOL moved into Kraken, bringing Pump.fun selling pressure one step closer.
👉 我每天盯的价位清单、判断更正,都先发群里。进来对着看

According to monitoring by Onchain Lens, the deposit took place 9 hours ago. The amount was 102,500 SOL, worth approximately $12.41 million.

A deposit doesn’t mean a sale. Transferring tokens to an exchange only changes their location—the coins move from the blockchain to a place closer to the order book. Actual selling pressure only appears when a trade is executed.

The location has changed, but the volume hasn’t been realized yet.

On-chain data shows only the movement, not the intent: the same transfer could be preparation for a sale, or simply consolidation.

What matters is whether this activity continues. If more SOL keeps flowing into the exchange, it means assets are continually being moved out. If this batch is withdrawn back on-chain, then this was just consolidation.
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