Pump.fun: Deposits 76,111 SOL to Kraken

Pump.fun deposited another 76,111 $SOL worth $6.85 million into Kraken, according to Lookonchain. Cumulative sales now stand at 5,553,833 $SOL for $882.4 million at an average exit price of $158.88.

SOL trades at $89.98 on the 4-hour chart inside a bearish structure defined by the EMA50 at $94.75 and EMA200 at $103.3. Momentum remains weak with MACD at -1.3 after the death cross while RSI at 38.42 shows neutral conditions. Price sits inside the Bollinger Bands between $87.8 support and $97.87 resistance, suggesting short-term volatility exhaustion before any sustained move.