#PumpFun massive SOL transfer#

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Hot Topic Overview

Overview

PumpFun has recently been consistently transferring large amounts of SOL to Kraken. Over the past week, approximately 116,000 SOL, worth around $28 million, has been transferred. Since 2025, PumpFun has cumulatively transferred 692,877 SOL to Kraken, totaling approximately $139 million. Currently, PumpFun's total earnings have reached 2,365,753 SOL, with a current value of approximately $570 million.

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Analysis

PumpFun has recently been transferring a large amount of SOL to the Kraken exchange, attracting market attention. According to data from Lookonchain and PANews, PumpFun has transferred approximately 116,000 SOL, worth about $28 million, to Kraken in the past week, which is only a portion of its transaction fee revenue for the past week. Since 2025, PumpFun has accumulated a total of 692,877 SOL transferred to Kraken, with a total value of about $139 million. As of now, PumpFun has deposited a total of 1,901,332 SOL (worth about $386.8 million) to Kraken and sold 264,373 SOL for 41.64 million USDC. PumpFun has earned a total of 2,365,970 SOL (worth about $572 million). PumpFun's huge transfers have sparked market speculation about the platform's profitability and future direction, as well as raising concerns about the price trend of SOL.

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Classic Views

PumpFun is transferring a large amount of SOL to the Kraken exchange

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PumpFun's revenue comes mainly from trading fees

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PumpFun has sold some SOL and exchanged it for USDC

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PumpFun's total revenue has exceeded $570 million

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