Pump.fun Has Sold Nearly $888 Million in SOL and Shows No Sign of Slowing Down
AI summary
Pump.fun deposited another 64,666 SOL, worth about $5.19 million, into Kraken as Solana fell below $75, bringing its lifetime sales to roughly $887.6 million. The memecoin launchpad keeps selling into the downturn, adding persistent exchange-bound supply. Traders care because continued large SOL transfers to exchanges by a major platform holder can weigh on price and signal weak conviction in the memecoin ecosystem.
