Solana (SOL)-based memecoin launch platform, Pump.fun has liquidated $78 million worth of SOL, forcing a nosedive from the recent high of $170. 
A Solana whale is also reported to have sold 22,726 SOL ($3.86 million), however, he still holds 20,000 SOL ($3.33 million). 
Solana (SOL)-based Memecoin-launch platform Pump.fun is reported to have generated total revenue of a whopping 969,945 SOL ($162M). Out of this, about 50%, representing 503,343 SOL ($78.7M), has been sold at an average price of $156. According to Lookonchain data analyzed by CNF, its latest SOL sales occurred on October 22 when $6.6 million worth of the token was liquidated. Based on our research, these transactions were executed on the Kraken exchange.
Looking into its liquidation history, we discovered that Pump.fun sold 9,940 SOL ($1.33 million) in September, taking the total sales at that time to 274,311 SOL. According to research, this amount was part of the total fee earnings of 712,797 SOL ($95.87 million) gene

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