Pump.fun: Moves 68.26K SOL to Kraken

Pump.fun transferred 68.26K SOL worth roughly $6.15M to Kraken through an intermediary wallet, breaking a 15-day pause and coinciding with a 6.9% drop in SOL price.

SOL trades at $90.14 on the 4h chart inside a bearish structure defined by the EMA50 at $94.75 and EMA200 at $103.31. The MACD death cross at -1.28 confirms trend weakness while RSI at 39.11 remains neutral. Price sits inside the Bollinger Bands with upper resistance at $97.86 and lower support at $87.83, leaving room for further downside pressure if the wallet flows continue.