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Pump.fun Transfers 64,666 Solana (SOL) Worth $5.19 Million to Kraken

The tokens were platform fee revenue. Cumulative sales since early 2024 reached 5.692 million SOL, valued at $898 million.

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A metal token slides toward a narrow exchange counter slot / TokenPost.ai
A metal token slides toward a narrow exchange counter slot / TokenPost.ai

Pump.fun transferred 64,666 Solana (SOL), valued at $5.19 million, to Kraken around 3:50 p.m. ET Friday, Nov. 13 (about 20:50 UTC). The tokens were platform fee revenue.

Pump.fun’s latest move follows a Nov. 6 transfer of 76,111 SOL, worth about $6.85 million, to Kraken.

Since early 2024, Pump.fun has sold a cumulative 5.692 million SOL in fee revenue, valued at $898 million, at an average price of about $157.8 per token. The earlier update put the cumulative total at 5.627 million SOL, worth $893 million, at an average of about $158.7 per token.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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