Pump.fun: Sends 132.94K SOL to Kraken
Pump.fun fee accounts moved 132.94K SOL ($13.74M) to Kraken for potential sale as SOL trades at $102.96 with neutral RSI on 4h chart.
SourceAnalysis
Pump.fun fee accounts transferred 132.94K SOL worth $13.74M to Kraken, signaling likely distribution after similar large on-chain moves in the past six months. SOL price prediction models now factor this supply pressure while the token holds a bullish structure above the EMA50 at $100.36. With price testing upper Bollinger resistance at $107.14 while RSI sits neutral at 48.91, a healthy retracement to the 50-EMA support at $100.36 seems probable before further continuation as MACD shows a death cross at 0.52.
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