Pump.Fun raises new doubts about its integrity after the massive withdrawal of 436.5 million USDC, combined with the project’s prolonged silence on social media.
Is Pump.fun’s USDC outflow signaling deeper problems?
According to on-chain reports, Pump.fun, a leading meme coin launchpad on the Solana (SOL) blockchain, has allegedly moved more than 436 million USDC off-platform since mid-October. However, the project’s lack of clear communication has amplified concerns just as user confidence and the PUMP token price continue to weaken.
Blockchain analytics platform Lookonchain reported that, since October 15, Pump.fun has transferred 436.5 million USDC to the crypto exchange Kraken. Over the same period, 537.6 million USDC flowed from Kraken to Circle through a wallet labeled DTQK7G, which on-chain analyst EmberCN suggested is most likely a withdrawal path.
Moreover, EmberCN noted that the USDC trail appears to originate from Pump.fun’s earlier sale of PUMP tokens t
We współpracy z: https://en.cryptonomist.ch/2025/11/24/pumpfun-cashout-usdc-kraken/
