According to on-chain analyst Ember (@EmberCN) monitoring, the Pump.fun project party transferred 405 million USDC to the Kraken exchange in the last week. During the same period, 466 million USDC was transferred from Kraken to Circle (USDC issuer), suspected of conducting withdrawal operations.
It is reported that these funds came from the private sale of $PUMP tokens to institutions in June this year, when the private price was $0.004, and the current price of the token has fallen below the private price.
pump.fun 405 million USDC to Kraken within a week
2025-11-24 02:04:50
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