Pump.fun: Sends $14.06M SOL to Kraken
Onchain Lens reports Pump.fun transferred 129.8K SOL worth $14.06 million from its fee wallet to Kraken exchange, likely preparing to sell the tokens.
SourceAnalysis
Pump.fun moved 129.8K $SOL (~$14.06M) from its fee wallet to Kraken, a move that points to an imminent sale.
SOL trades at $108.85 inside the Bollinger band with upper resistance at $109.03. Price tests that ceiling while RSI sits at 64.39 and MACD holds its golden cross above zero. The 50-EMA at $106.25 and 200-EMA at $108.64 now act as layered support; any rejection at the upper band favors a quick retracement to the 50-EMA before bulls attempt another push.
Onchain Lens
@OnchainLensSimplifying onchain data for the masses