PumpFun Extracts $50 Million in 24 Hours as Q4 Cashouts Nears $615 Million Total

Pump.fun offloaded 4.19M SOL worth $757M and sent $617.5M USDC to Kraken since October 2025.

Pump.fun moved another $50M USDC to Kraken recently, continuing large-scale on-chain transfers. Since October 15, the platform has deposited $617.5M USDC into Kraken. During the same period, $1.1 billion USDC moved from Kraken to Circle.

These movements were tracked using Arkham Intelligence and confirmed by Lookonchain. The data shows Pump.fun maintaining a steady schedule of large transfers over time. These actions are part of the ongoing management of the platform’s treasury and digital assets.

Pump.fun SOL Sales Between May 2024 and August 2025

Between May 19, 2024, and August 12, 2025, Pump.fun sold 4.19 million SOL. The total value of these sales was around $757 million at an average price of $181 per SOL. Of this, 264,373 SOL were sold directly on-chain for $41.64 million.

The remaining 3.93 million SOL, worth $715.5 million, was deposited into Kraken. These figures indicate a structured approach to liquidating SOL over time. The mix of on-chain sales and exchange deposits shows careful asset management. Such actions may influence liquidity and trading activity in the Solana ecosystem.

USDC Transfers and Treasury Management

Pump.fun resumed large USDC transfers after nearly a month of limited activity. Since November 15, about $605 million USDC has moved from ICO proceeds to Kraken. Transfers are usually between $25 million and $50 million, suggesting scheduled treasury actions.

Routing funds through Kraken provides immediate conversion flexibility for the platform. On-chain dashboards estimate Pump.fun controls roughly $1.84 billion in total assets. Of this, $617 million is in USDC and USDT, while SOL holdings exceed $210 million.

These records show that funds originate mainly from ICO inflows rather than secondary markets. The structured flow helps the platform maintain stable liquidity without affecting decentralized markets.

Related Readings: Pump.Fun Posts Record Revenue Week as Memecoins Surge in August

Market Activity and Token Performance

The PUMP token trades near $0.0018, down 55% from the June ICO price of $0.004. Short-term charts show price compression and resistance to upward moves. MACD indicators remain in negative territory, while RSI levels are near 42.

Repeated intraday volume spikes correspond to rejected price highs rather than gains. Traders can observe USDC and SOL transfers to track ongoing liquidity flows. These movements influence supply conditions and may affect market behavior.

Arkham Intelligence provides detailed transaction data for these transfers. Monitoring Kraken and Circle wallet activity shows how funds are routed systematically. Pump.fun’s large-scale on-chain actions continue to define PUMP’s trading environment. Pump.fun’s consistent USDC and SOL movements reflect structured liquidity management strategies. 

The data allows market participants to follow asset flows and better understand platform activity. Traders and analysts continue to use on-chain metrics to monitor potential market changes. Overall, Pump.fun’s transfers illustrate how digital assets move between wallets, exchanges, and stablecoins.

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