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pump.fun sells 86,000 SOL tokens for 16.28 million USDC, first sale since token issuance

Summary: According to reports, the pump.fun team sold 86,000 SOL tokens 5 hours ago for 16.28 million USDC, marking their first sale since the token issuance. At 2:30 am, pump.fun transferred a total of 86,000 SOL tokens from a wallet used for transaction fees to Kraken, which had previously executed a PUMP buyback. Subsequently, these SOL ...

According to reports, the pump.fun team sold 86,000 SOL tokens 5 hours ago for 16.28 million USDC, marking their first sale since the token issuance.

At 2:30 am, pump.fun transferred a total of 86,000 SOL tokens from a wallet used for transaction fees to Kraken, which had previously executed a PUMP buyback.

Subsequently, these SOL tokens were withdrawn from Kraken, sold at an average price of $189 on-chain for 16.28 million USDC, and then transferred back to Kraken.

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Link: pump.fun sells 86,000 SOL tokens for 16.28 million USDC, first sale since token issuance [Copy]

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