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Pump.fun transferred 196,000 SOL to Kraken, and the fee income decreased by 95%
2025-03-18 01:24

Odaily News According to Ember's analysis, Pump. fun transferred 196,000 SOL to the crypto exchange Kraken 3 hours ago, worth $25.3 million. This transfer amount is only a small part of Pump. fun's fee income in the past 3 weeks. Another 120,000 SOL is the pledged SOL it redeemed. In contrast, Pump. fun's fee income has dropped significantly, especially since March, when the fee income has almost fallen off a cliff. From about 12,000 SOL per day in February (about $2 million) to less than 1,000 SOL today (about $100,000), the decline is as high as 95%.