Golden Finance reports that, according to Ember monitoring, the pump.fun team sold 86,000 SOL for 16.28 million USDC 5 hours ago, which should be their first sale of SOL since launching the token. At 2:30 AM, pump.fun transferred a total of 86,000 SOL into Kraken from a wallet that previously executed a PUMP buyback from a fee wallet. Subsequently, these SOL were withdrawn from Kraken and sold on-chain at an average price of $189, converting to 16.28 million USDC, and then transferred back to Kraken.