Pump moves 67,000 SOL to Kraken; nearly $800 million withdrawn since early 2024

PANews, June 12 — On-chain analyst Yujin reported that Solana ecosystem project Pump has again routed fee revenue to an exchange after a roughly two-week pause. In the past 30 minutes, Pump transferred 67,000 SOL, worth about $4.51 million, to Kraken. Since early 2024, the address has sold an estimated 4.61 million SOL of fee income in total, cashing out around $795 million at an average price of roughly $172 per SOL.