On-chain trackers are reporting massive off-ramps from the PumpFun team – hundreds of millions flowing out while the market is under pressure 💰
PumpFun has cashed out at least $436.5M $USDC since Oct 15, depositing the same amount into Kraken.
During this period, $537.6M $USDC flowed from Kraken to Circle via wallet DTQK7G.
Between May 19, 2024 and Aug 12, 2025, PumpFun sold 4.19M $SOL (~$757M) at an average price of $181. Of that, $41M was sold on-chain, and $715M in $SOL was deposited into Kraken.
What do you think this is?
⚡️ They’re unloading before $SOL dumps
🔥 Nothing crazy, $SOL will recover