Pump.fun: Transfers $8.11M Fees to Kraken
Pump.fun moved 47,995 SOL ($5.83M) and 2.28M USDC totaling $8.11M to Kraken, with SOL at $121.66 on 4h chart.
SourceAnalysis
Pump.fun shifted $8.11 million in platform fees to Kraken two hours ago, sending 47,995 SOL worth $5.83 million plus 2.28 million USDC.
On the 4h chart SOL holds a bullish trend above EMA50 at $116.9 and EMA200 at $104.68 while trading inside Bollinger Bands with upper resistance at $125.21. Momentum shows RSI at 56.09 and MACD at 1.77 forming a death cross, so price action points to a likely retracement toward the 50-EMA support before any test of the upper band. This transfer pattern echoes prior SOL price prediction moves tied to crypto market crash liquidity events.
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@EmberCNAnalyst about On-chain Analysis