ChainCatcher reported, citing on-chain analyst EmberCN, that Pump.fun transferred fee revenue worth $8.11 million to Kraken about two hours earlier. The transfer included 47,995 SOL, valued at roughly $5.83 million, along with 2.28 million USDC. The update was presented as an on-chain monitoring alert and did not include additional details on the purpose of the transfer. The disclosed figures point to a combined movement of SOL and stablecoins from Pump.fun to the exchange.
ChainCatcher reported, citing on-chain analyst EmberCN, that Pump.fun moved fee revenue worth $8.11 million to Kraken about two hours earlier.
The transfer included 47,995 SOL, worth about $5.83 million, and 2.28 million USDC.
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