Pump.fun Resumes Selling SOL After 9-Month Hiatus, Deposits Over 170,000 SOL to Kraken
According to on-chain analytics platform Lookonchain (@lookonchain), Pump.fun has resumed selling SOL after a 9-month hiatus, depositing 174,408 SOL (approximately $14.76 million) into Kraken. Of this amount, 117,877 SOL—reportedly sold via a newly created wallet (35qaEz)—was exchanged for approximately $9.96 million in USDC at an average price of $84.52 per SOL and subsequently deposited back into the exchange. Previously, between May 2024 and August 2025, Pump.fun had sold a cumulative total of 4.19 million SOL, amounting to roughly $757 million at an average price of $181 per SOL.
