Wu said, according to @EmberCN monitoring, the relevant addresses of Pumpfun sold 86,000 SOL for 16.28 million USDC 5 hours ago, which may be their first sale of SOL since issuing the token. At 2:30 AM, the Pumpfun team transferred a total of 86,000 SOL from a fee wallet to Kraken from a wallet that had previously executed a PUMP buyback. Subsequently, these SOL were withdrawn from Kraken and sold on-chain at an average price of 189, converting to 16.28 million USDC, and then transferred back to Kraken. In addition, Pumpfun summarized their current PUMP buyback data: in the past week, they purchased PUMP worth 8.42 million USD, with a total buyback amount of 72.9 PUMP (0.729% of the total supply).

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