On April 1st, according to OnchainLens monitoring, 3 new addresses withdrew 65,284 SOL from Kraken, valued at $8.22 million, and subsequently exchanged them for 8.22 million USDC at an average price of $126, then transferred back to Kraken. The fund flow completely matches the amount transferred to Kraken by the Pump.fun project team earlier today, highly likely belonging to them.
Data shows that in 2025, the Pump.fun project team deposited a total of 1,638,597 SOL into CEX, valued at $301.41 million. Overall, the Pump.fun platform has earned 3,238,352 SOL, currently worth $405.6 million.