<ul><li>Pump.fun transferred 132,180 SOL (~$20.87M) to Kraken in its biweekly selloff trend, surpassing $303M in 2024 withdrawals.</li><li>Despite earning over $400M in SOL, less than $1M has been redistributed to the community, raising concerns about sustainability and ecosystem support.</li><li>Only 0.81% of tokens from Pump.fun transition to DEXs, indicating declining success rates amid speculation of a potential Pump.fun token launch.</li><li>While dominating Solana network activity, Pump.fun faces criticism for redistributing only a small portion of its profits back to the community, sparking uncertainties about its long-term sustainability.</li></ul>

Pump.fun Sends 132K SOL to Kraken in Recent Selloff

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