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pump.fun Transfers Additional $75M USDC to Kraken
12/03/2025, 02:06
AI SUMMARY
●pump.fun moves 75M USDC to Kraken exchange
●Total transfers since mid-November reach $555 million
●Funds originate from platform revenue and fee generation
pump.fun has transferred another 75 million USDC to Kraken, bringing its total transfers to approximately $555 million since November 15. The funds are reportedly derived from the platform's revenue generated via sales and fees.
This continued large-scale movement of stablecoins to a centralized exchange indicates ongoing treasury management operations or profit realization by the protocol's team.