Solana’s PumpFun has made another SOL transfer to the Kraken exchange. This marks their second deposit in as many days, raising concerns about a potential selloff just as SOL rebounds above $200.
PumpFun Transfers $13M As SOL Rebounds
Onchain data shows that the PumpFun platform has deposited 63,171 ($13.11 million) into the Kraken exchange. This move comes just as SOL rebounded above $200 for the first time since mid-December last year.
Meanwhile, it comes just a day after the meme coin launchpad deposited 120,000 SOL ($22.8 million) into the top crypto exchange. The platform had also transferred 172,436 SOL ($32.7 million) yesterday.
These transfers suggest that PumpFun may be looking to offload these coins, as it has done in the past. The Solana platform has deposited 1.56 million SOL to the top crypto exchange and sold 264,373 SOL for $41.64 million.
This potential sale of the SOL coins provides a bearish outlook for the crypto since it could lead to significant selling pressure.
We współpracy z: https://coingape.com/solanas-pumpfun-moves-another-13m-as-sol-rebounds/
