Pump.fun’s fee wallet transferred 77,706 SOL to Kraken roughly four hours before the update, according to on-chain monitoring cited by BlockBeats on Sept. 12. Based on the price at the time of the transfer, the transaction was worth about $7.88 million. The wallet activity was tracked by EmberCN. No further details were provided in the source about the purpose of the transfer or any follow-up movements after the deposit to Kraken. The report focused on the size of the SOL transfer, the receiving exchange, and the estimated dollar value at the time the tokens were moved.
BlockBeats reported on Sept. 12 that the Pump.fun team’s fee wallet transferred 77,706 SOL to Kraken about four hours earlier, according to monitoring by EmberCN.
At the price at the time of the transfer, the tokens were valued at about $7.88 million.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
