Pump.fun: Moves 81.7K SOL to Kraken for Sale

Pump.fun transferred 81.7K SOL worth $6.15M to Kraken, data from Nansen shows, pointing to an imminent sale.

SOL price action on the 4h chart shows price at $75.35 testing the EMA200 support at $75.47 while sitting below the EMA50 resistance at $76.59, with MACD locked in a death cross at -0.52 and RSI neutral at 43.23 inside the Bollinger Bands. A rejection at the upper band of $78.38 would likely drive a swift test of the lower band support at $73.91 before any recovery attempt.