• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Pump.fun Moves Significant SOL Amounts to Kraken at the Start of the Year

user avatar

by Giorgi Kostiuk

3 months ago


Since the beginning of 2025, Pump.fun has conducted significant SOL transfers to the crypto exchange Kraken. The total transfer amount has reached $340 million, suggesting a potential sell-off.

Major Transfers to Kraken

On January 7, Pump.fun transferred another 98,593 SOL worth $20.49 million to Kraken. Cumulatively, the platform has moved over 1,662,648 SOL, equivalent to about $340 million.

Market Positions and Ecosystem Role

Despite these large transfers, Pump.fun remains a leader in the Solana ecosystem, accounting for over 70% of all token launches and facilitating 56% of decentralized exchange trading on Solana in 2025.

UK Issues and Possible Transfer Reasons

Analysts believe the platform may be preparing for a sell-off. Additionally, Pump.fun faced troubles in the UK following an FCA warning about potential violations. As a result, the service blocked UK users.

Pump.fun’s movements may indicate significant shifts in its strategy. Investors continue to monitor developments to assess possible market implications.

0

Share

Other news

Remittix: A New Hope for Ethereum and Polygon Investors in 2025

Remittix attracts attention with its utility, raising over $14.3 million in presale.

user avatarGiorgi Kostiuk

7 minutes ago

US Lawmakers Push SEC for Information on Trump-Linked Crypto Company

US lawmakers call for SEC transparency regarding transactions of a Trump-linked cryptocurrency firm.

user avatarGiorgi Kostiuk

8 minutes ago

Galaxy Digital Secures FCA Approval for UK Derivatives

Galaxy Digital expands in Europe with FCA approval, reflecting increasing demand for regulated digital asset services.

user avatarGiorgi Kostiuk

8 minutes ago

BITCOIN, RIPPLE, and MAGACOINFINANCE: No One is Immune to Competition

MAGACOINFINANCE is rising fast and may become a serious contender to Bitcoin and Ripple in 2025.

user avatarGiorgi Kostiuk

8 minutes ago

Ethereum: Selling Pressure from Whales and DeFi Market Shift

Ethereum's drop below $1,800 raises market concerns. The $1,762 support level is crucial for a potential price reversal.

user avatarGiorgi Kostiuk

18 minutes ago

Blockchain Networks Compared: Solana, Avalanche, and BlockDAG Testnet

Explore the differences and achievements of Solana, Avalanche, and the BlockDAG testnet in blockchain technology.

user avatarGiorgi Kostiuk

18 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.