Pumpfun Keeps Dumping: Another $18M in $SOL Hits Kraken

As we warned before — Pumpfun (@pumpdotfun) just keeps selling $SOL, no matter if prices are flying high or dropping low.

In the past 16 hours, the wallet at 8Xa7E7YuuKuDTCdGMJRoNZZj6WGRb9LwS5kRhdPDfwnf deposited another 117,913 #sol (worth $18.26 million) to Kraken.

So far, #Pumpfun has sent a massive 3,097,265 SOL (about $575 million) to Kraken at an average price of $186 — and already sold 264,373 SOL for $41.64 million USDC at around $158.

This consistent dumping has become a key thing to watch for anyone trading $SOL right now.