PANews reported that a wallet tied to PUMP’s core treasury transferred 11.2 billion PUMP tokens valued at about $21.22 million to the Kraken exchange. The transaction, representing 1.12% of the total token supply, occurred approximately one hour ago. This same wallet had previously received 20 billion tokens from the core treasury in July 2024, a 2% share of the supply, coinciding with PUMP’s exchange listing. Such transfers from treasury-linked wallets to centralized exchanges are watched closely for potential impacts on liquidity and price.