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List of Flash News about SOL selling pressure

Time Details
2025-01-21
14:20
Pump.fun Transfers Significant SOL to Kraken: Trading Implications

According to @EmberCN, pump.fun recently transferred 116,000 SOL, valued at $27.9 million, to Kraken. This amount represents the majority of their transaction fee income over the past seven days, totaling 122,500 SOL ($29.45 million). Since its launch nearly a year ago, pump.fun has generated 2.362 million SOL in fee income, with 2.239 million SOL ($439.5 million) already sold or transferred to Kraken at an average price of $196. This movement of funds could indicate a potential selling pressure on SOL prices.

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