PumpFun: Deposits 82,703 SOL Worth $7M to Kraken

PumpFun transferred 82,703 $SOL worth $7M to Kraken on May 18, 2026, according to on-chain data from @OnchainLens.

With SOL price at $84.4 inside the Bollinger Bands, the move arrives as price tests lower support at $83.37 while RSI(14) prints 28.59 in oversold territory and MACD(12,26) holds a bearish death cross at -1.73 below EMA50 resistance of $89.06. Institutional desks now watch whether this large exchange inflow accelerates downside toward the $83.37 band or triggers a short-covering bounce first.

SOL price prediction models factor in this deposit alongside broader Bitcoin flows, tightening liquidity conditions for altcoin rotations in the current cycle.