Pump.fun: Offloads 122498 SOL for $10.08M
Pump.fun sells 122498 SOL worth $10.08M, bringing total sales to 4.66M SOL at $170.7 average amid SOL price action at $78.67.
SourceAnalysis
Pump.fun sold another 122498 SOL for $10.08M, lifting cumulative sales to 4656826 SOL valued at $794.8M at an average exit price of $170.7.
Price sits at $78.67 inside a bearish structure where the EMA50 at $79.24 caps upside while the EMA200 at $76.05 offers deeper support; the MACD death cross reinforces downside momentum and RSI at 38.99 leaves room before oversold territory, so any bounce toward the upper Bollinger Band at $82.74 faces immediate rejection risk with lower-band support at $79.11 acting as the next volatility target. Sustained Pump.fun distribution adds direct supply pressure that aligns with this technical setup and shapes near-term SOL price prediction models for traders tracking distribution flows.
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