On-chain data shows that Pumpfun has taken new actions. Two hours ago, they transferred 75 million USDC to Kraken. Since mid-November, this platform has transferred 555 million USDC to Kraken in half a month - all of which are funds collected from the ICO.
This continuous large-scale transfer of funds makes one pay attention to the final destination of this capital. After all, with a volume of over 500 million, whether it is cashing out or other operations, it may have a chain reaction on the market.
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SocialAnxietyStaker
· 18h ago
The operation is really flashy. Throwing in 550 million like this is enough to scare countless retail investors.
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HackerWhoCares
· 18h ago
Bro, this is the rhythm of dumping. Who can withstand over 500 million getting dumped?
On-chain data shows that Pumpfun has taken new actions. Two hours ago, they transferred 75 million USDC to Kraken. Since mid-November, this platform has transferred 555 million USDC to Kraken in half a month - all of which are funds collected from the ICO.
This continuous large-scale transfer of funds makes one pay attention to the final destination of this capital. After all, with a volume of over 500 million, whether it is cashing out or other operations, it may have a chain reaction on the market.