on-chain movement

Pump Fun sells 47,994 SOL for $6M as cumulative liquidations approach $850M

0Importance
closedStatus
4News media
4Pieces
Published
Updated
Since then
3 new reports

Pump.fun moved 47,994 SOL to Kraken in a $5.83 million transaction, and the batch was part of a larger pattern of SOL sales tracked across its wallets. Cumulative disposals were reported around $848 million, with one write-up placing them at 5,236,623 SOL.

Key claims & sources

✓
Pump.fun’s cumulative SOL disposals were reported at 5,236,623 SOL, worth about $848 million.
✓
Pump.fun transferred 47,994 SOL to Kraken in a transaction valued at $5.83 million.
✓
Lookonchain estimated Pump.fun’s cumulative SOL sales at roughly $848 million after that transfer.
✓
Another report said Pump.fun’s fee wallets had pushed cumulative SOL sales past $848 million, while a separate batch moved to Kraken within the last two hours.

What it means

Users, traders, and Solana market watchers notice another large Pump.fun SOL transfer hitting Kraken, and the amount was 47,994 SOL valued at $5.83 million. That puts a fresh on-chain sale in view the same day the running total was described as roughly $848 million.

Market reaction i

SolanaSOL the event is about this asset
first headline
-0.2% 2 h before
-0.3% 4 h after
$120.91price at publication
12data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Sep 27 00:44
Crypto Briefing scoop
Breaks the event: $850M and $6M
+7 h 7 m
Sep 27 07:51
crypto.news adds
Sharpens the figure: $848M
+9 h 20 m
Sep 27 10:05
+13 h 16 m
Sep 27 14:00
AMBCrypto context
Its angle: resistance, countered, continued