Pump.fun transferred 102,497 SOL to Kraken about nine hours before the report, according to on-chain analyst Ember. The tokens were described as fee revenue generated by the meme launch platform. Based on the value cited in the report, the transfer was worth roughly $12.41 million at the time. The update was published by Odaily as a 7x24 newsflash and focused on the on-chain movement rather than any stated follow-up action by the platform or the exchange. No additional details were provided in the source about the purpose of the transfer beyond identifying the funds as fee income and naming Kraken as the destination exchange.
Odaily reported that meme launch platform Pump.fun transferred 102,497 SOL in fee revenue to crypto exchange Kraken about nine hours earlier, according to monitoring by on-chain analyst Ember.
The transferred SOL was valued at $12.41 million in the report.
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