Pump.fun has continued converting its fee income into realized sales, according to on-chain analyst Ember. In a post on X, Ember said the platform transferred 81,700 SOL to Kraken on the day, representing roughly $6.15 million in fee revenue. The analyst added that, from the start of 2024 up to now, Pump.fun has likely sold a cumulative 4.812 million SOL generated from fees. Based on the figures cited, those sales were worth about $812 million in total, with an average sale price of around $168.7 per SOL. The update focuses on cumulative fee-related SOL disposals and the latest transfer to Kraken.
Pump.fun continued cashing out fee revenue on the day, transferring 81,700 SOL to Kraken, worth about $6.15 million, according to on-chain analyst Ember in a post on X.
Ember said that since the start of 2024, Pump.fun has likely sold a cumulative 4.812 million SOL from fee revenue. Those sales were valued at about $812 million in total, with an average sale price of roughly $168.7 per SOL.
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