According to ChainCatcher, based on Ember's monitoring, pump.fun has started using transaction fee income to buy back PUMP, instead of directly selling on Kraken as before:
In the past 7 hours, they transferred 187,770 SOL (approximately $30.53 million) in transaction fees to the 3vkp...3WTi address, and then purchased PUMP. The purchased PUMP was then transferred to the G8Cc...kqjm address for storage.
Currently, they have used 111,953 SOL (approximately $18.34 million) to purchase 3.04 billion PUMP tokens, with an average price of $0.006.
