PumpFun: The Never-Ending Curse on $SOL ?
No matter how high SOL climbs, PumpFun (@pumpdotfun) just keeps pressing that sell button.
12 hours ago, they dumped 84,358 #sol ($9.32M) to Kraken — again.
And the numbers are getting wild:
Total deposited so far: 2,883,418 SOL ($543.5M)
Already sold: 264,373 #SOL for $41.64M USDC — average price? Just $158
Wallet address: Fc9bcfUQu7LmNV8DJbRyVgzTA81RgGCU41jou741eQJ9
At this point, it’s not about the price… #pumpfun just sells regardless.
Is it strategy, a curse, or both?