According to Ember Monitor, pump.fun continued to transfer 75 million USDC to Kraken 8 hours ago, and they transferred a total of 480 million USDC obtained from ICO sales to Kraken in 12 days since 11/15.
A few days ago pump.fun team said that they did not make any withdrawals, but only dispersed the USDC obtained from these ICO sales so that the company could re-enter the business. However, as soon as their 75 million USDC entered Kraken early this morning, 69.26 million USDC were transferred from Kraken to Circle (USDC issuer).
pump.fun project party continued to transfer 75 million USDC to Kraken 8 hours ago, highly suspected of withdrawal
2025-11-27 00:22:38
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