Pump.fun Moves 100,628 SOL to Kraken as Total SOL Sales Reach $791 Million

Pump.fun transferred 100,628 SOL worth $8.32 million to Kraken, according to on-chain analyst Ember. The reported movement adds to a longer-running trend in which the platform has sold SOL collected through fee revenue. Since early 2024, Pump.fun has sold 4.54 million SOL for $791 million at an average price of about $174. Such transfers to an exchange typically indicate assets are being positioned for potential sale or treasury management, though the source only confirms the transfer and cumulative sales figures.

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