List of Flash News about Kraken SOL inflow
Time | Details |
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2025-05-30 09:34 |
Pumpfun Deposits 156,425 SOL ($25.74M) to Kraken: Implications for Solana Price and Crypto Traders
According to Lookonchain, Pumpfun (@pumpdotfun) has deposited 156,425 SOL, valued at $25.74 million, to Kraken, bringing their total Kraken deposits to 3.49 million SOL ($640 million) at an average price of $183. Additionally, Pumpfun has sold 264,373 SOL for $41.64 million USDC at an average price of $158. This significant volume of SOL moving onto exchanges and subsequent selling activity suggests increased potential for Solana price volatility and heightened selling pressure, which traders should closely monitor for short-term trading opportunities. Source: Lookonchain via Twitter, solscan.io. |