Pump.fun: Deposits 64,666 SOL to Kraken

Pump.fun deposited another 64,666 SOL worth $5.19 million into Kraken seven hours ago.

The platform has now offloaded 5,618,499 SOL for $887.6 million since inception at an average exit price of $158.

SOL trades at $75.76 on the 4-hour chart, pinned exactly to the lower Bollinger Band while the EMA50 at $84.74 and EMA200 at $96.84 cap any recovery. RSI at 26.97 shows deep oversold readings yet the MACD death cross at -2.42 keeps the structure firmly bearish, so the next move higher will likely stall at the $86.81 upper band before fresh supply from entities like Pump.fun hits the tape.