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List of Flash News about Solana fees

Time Details
2025-05-11
00:18
Pump.fun Transfers 132,000 SOL ($22.88M) in Fees to Kraken: Trading Insights and Market Impact

According to EmberCN, pump.fun transferred 132,000 SOL (worth $22.88 million) in accumulated transaction fees to Kraken six hours ago. This continues their established pattern of moving SOL to exchanges every one to two weeks. Over the past year, pump.fun has sold approximately 3.868 million SOL, totaling $701.76 million at an average price of $183.3 per SOL (source: EmberCN via Twitter, 2025-05-11). Traders should closely monitor these periodic large transfers, as they often coincide with short-term increases in sell-side pressure on the SOL price and can create volatility opportunities. The consistent offloading of SOL by pump.fun, one of the largest fee-generating platforms in the Solana ecosystem, signals significant ongoing liquidity entering centralized exchanges, which may affect SOL market depth and short-term price trends.

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