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Pump.fun deposits $14M in SOL to Kraken

Pump.fun transferred 129,798 SOL worth approximately $14.07 million to crypto exchange Kraken, pushing its total Solana sales to roughly $875.5 million.

Screenshot of on-chain transaction records showing transfers of Solana tokens from Pump.fun fee accounts to Kraken deposit addresses.
Image: @Cointelegraph

Solana platform Pump.fun deposited 129,798 SOL, valued at approximately $14.07 million, into cryptocurrency exchange Kraken, according to on-chain analytics reports.[1][2][3][4]

Transaction records shared by Cointelegraph and CoinGape show that the transfers came from multiple Pump.fun fee accounts and were routed to a single Kraken deposit address. Citing Arkham data, the outlets noted that the transaction raised Pump.fun's cumulative SOL sales to roughly 5.48 million tokens, or around $875.5 million.[3][4]

On-chain tracker Lookonchain similarly characterized the deposit as a token sale, noting that Pump.fun has offloaded a total of 5,477,722 SOL at an average price of $159.80.[1]

Key facts

  • Pump.fun deposited 129,798 SOL, worth about $14.07 million, into crypto exchange Kraken.
  • On-chain records show the deposits originated from multiple Pump.fun fee accounts and were sent to a Kraken deposit address.
  • Arkham data reported by CoinGape and Cointelegraph shows Pump.fun's total SOL sold reached roughly 5.48 million tokens, valued at approximately $875.5 million.
  • Lookonchain reported Pump.fun has sold an aggregate 5,477,722 SOL at an average price of $159.80.

Sources · 4 sources

  1. LO

    Lookonchain@lookonchainPost on X ·

    Pump fun(@Pumpfun) is dumping $SOL again! 8 hours ago, they deposited 129,798 $SOL ($14.07M) into #Kraken. In total, https://t.co/TcwYRTArT2 has sold 5,477,722 $SOL($875.5M) at an average price of $159.8. https://t.co/kyztoJLCjt https://t.co/xtKeiwPv0O

    Open source
  2. MI

    Market Insider@MrketInsiderPost on X ·

    JUST IN: PUMPFUN JUST SOLD OVER $14M MORE $SOL THEY’VE SOLD OVER $875M WORTH OF TOTAL SOLANA https://t.co/atC3cLdDcJ

    Open source
  3. CO

    CoinGape@CoinGapeMediaPost on X ·

    🚨 TODAY: Pumpfun deposits another 129,798 $SOL worth $14.07M to Kraken, bringing its total $SOL sold to 5.48M, or about $875.5M, per Arkham data. https://t.co/RtaIIJaA6l

    Open source
  4. CO

    Cointelegraph@CointelegraphPost on X ·

    🚨 TODAY: Pumpfun deposits another 129,798 solana:So11111111111111111111111111111111111111112 worth $14.07M to Kraken, bringing its total solana:So11111111111111111111111111111111111111112 sold to 5.48M, or about $875.5M, per Arkham data. https://t.co/JOv3wlg1Yj

    Open source