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Pump.fun’s $SOL Activity Raises Speculation About Potential Sales On Kraken
- The Pump.fun Fee Account has transferred 99,999 $SOL, worth approximately $22.74 million, into Kraken.
- Pump.fun has a history of selling $SOL, with previous on-chain sales totaling $41.64 million USDC.
- Recent deposits of $SOL into Kraken suggest a potential for further sales.
- The activity has raised concerns about the impact on Solana's token price.
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