$660 Million Dollar $SOL Sale!
The Pumpfun wallet has transferred a total of 3.62M $SOL (660.5M$) to date.
Pumpfun converted 264,373 $SOL to 41.64M $USDC and sent another 132K SOL in the last 2 hours.
The market is trying to absorb this large outflow. New sales could impact the price.
This move is not just an outflow — it's a liquidity shock for Solana