Pump.fun: Transfers 129797 SOL to Kraken
Pump.fun moved 129797 SOL worth $14.06 million in fee revenue to Kraken exchange seven hours ago, bringing cumulative SOL sales since early 2024 to 5.551 million tokens at an average $159.7 per SOL according to @EmberCN.
SourceAnalysis
Pump.fun transferred 129797 SOL ($14.06 million) in platform fees to Kraken seven hours ago, according to on-chain data shared by @EmberCN. Cumulative sales since early 2024 now total 5.551 million SOL for $886 million at an average price of $159.7.
SOL trades at $107.31 inside its Bollinger band on the 4h chart with the upper band at $108.56 acting as immediate resistance. The EMA50 at $106.3 provides nearby support while the EMA200 at $108.6 caps upside, and the MACD golden cross at 0.73 keeps the broader structure bullish even as RSI at 56.57 shows room before overbought conditions develop.
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@EmberCNAnalyst about On-chain Analysis