Alert
pump.fun Cashes Out Another $75M via Kraken and Circle
On-chain data indicates that pump.fun has liquidated an additional $75 million. Specifically, 11 hours ago, the platform deposited 75 million USDC into the Kraken exchange.
Following this deposit, approximately 69.27 million USDC was tracked moving from Kraken to Circle around 10 hours ago, suggesting a conversion to fiat or further treasury management actions.