According to @EmberCN, pump.fun recently transferred 116,000 SOL, valued at $27.9 million, to Kraken. This amount represents the majority of their transaction fee income over the past seven days, totaling 122,500 SOL ($29.45 million). Since its launch nearly a year ago, pump.fun has generated 2.362 million SOL in fee income, with 2.239 million SOL ($439.5 million) already sold or transferred to Kraken at an average price of $196. This movement of funds could indicate a potential selling pressure on SOL prices.

According to EmberCN, Pump.fun has transferred 116,000 SOL ($27.9M) to Kraken, representing the majority of their fee income from the past seven days, totaling 122,500 SOL ($29.45M). The platform has accumulated 2.362 million SOL in fee income over the past year, with 2.239 million SOL ($439.5M) sold or moved to Kraken at an average sale price of $196.

According to EmberCN, pump.fun transferred 116,000 SOL, valued at $27.9 million, into Kraken. This transfer represents the majority of their transaction fee income over the past seven days, totaling 122,500 SOL, or $29.45 million. Since its launch nearly a year ago, pump.fun has accumulated 2.362 million SOL in transaction fees, with 2.239 million SOL already sold or moved to Kraken at an average price of $196.