Pump.fun: Resumes SOL Transfers to Kraken

Pump.fun shifted 82,700 SOL worth $7.02 million into Kraken over the past half hour after reducing revenue buybacks from 100% to 50%, resuming a pattern last seen before the July 2025 token launch when fee SOL routinely flowed to exchanges rather than repurchases.

Price action on the 4h chart shows SOL at $83.95 testing the lower Bollinger Band support at $83.28 inside a bearish structure defined by EMA50 at $89.05 and EMA200 at $87.58, with RSI at 27.16 marking oversold conditions and MACD at -1.77 confirming a death cross that points to further downside pressure before any relief rally toward upper band resistance at $90.65.