Pump.fun: Transfers 67K SOL to Kraken

Pump.fun moved another 67,000 SOL ($4.51 million) into Kraken over the past half hour, extending its pattern of converting platform fees into fiat liquidity.

Since early 2024 the address has offloaded 4.61 million SOL for roughly $795 million at an average $172, marking one of the largest sustained sell programs in the Solana ecosystem.

With price testing upper Bollinger resistance at $67.82 while RSI sits neutral at 53.87, a healthy retracement to the 50-EMA support at $67.39 appears probable before any continuation attempt toward the $76.86 EMA200 zone. Traders watching SOL price prediction models now factor these repeated exchange inflows as persistent supply pressure that could cap upside even if broader crypto market crash fears ease.