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

user avatar

by Giorgi Kostiuk

2 years 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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Aptos Reports Token Burn and Staking Emissions

Aptos has burned approximately 174,570 APT in the last 30 days while issuing around 15 million APT through staking.

user avatarEmily Carter

Cross River Bank Integrates Ripple's RLUSD Stablecoin for Enhanced Payment Solutions

Cross River Bank integrates Ripple's RLUSD stablecoin to enhance payment solutions for fintech customers.

user avatarTomas Novak

Stocklinked Tokens in DeFi Surge to $2.624 Billion

Stocklinked tokens in decentralized finance reached approximately $2.624 billion by the end of September 2026, marking an 18-fold increase from the beginning of the year.

user avatarKaterina Papadopoulou

Fidelity's Assessment Highlights Solana's Improved Reliability

Fidelity's assessment indicates Solana has operated for over two years without major outages, achieving a 99.7% vote success rate, but warns of concerns regarding validator concentration.

user avatarMaya Lundqvist

BitTorrent Unveils New Whitepaper and Brand Upgrade for Web3 and AI

In October 2023, BitTorrent unveiled a comprehensive brand upgrade and a new whitepaper outlining a tripartite architecture for decentralized content distribution and compute, aiming to enhance operational efficiency for Web3 and AI applications.

user avatarLeo van der Veen

JUST Completes Fifth Buyback and Burn of JST Tokens

JUST has successfully completed its fifth buyback and burn of JST tokens, burning over 170 million tokens.

user avatarLi Weicheng

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.