Pump Fun deposited 174,400 SOL tokens into Kraken, suggesting that 117,900 have already been sold.

CoinFeed reported on May 19th that, according to Lookonchain monitoring, Pump Fun deposited 174,408 SOL (US$14.76 million) into Kraken 13 hours ago. They may have already sold 117,877 SOL (US$9.96 million). A newly created wallet (35qaEz) withdrew 117,877 SOL (US$9.96 million) from Kraken, sold it at a price of US$84.52 for 9.96 million USDC, and then deposited the 9.96 million USDC back into Kraken.