pump.fun transferred $5.6 million in SOL to a new address, possibly for repurchasing PUMP

According to Arkham monitoring, pump.fun has just transferred $5.6 million in SOL to a newly created address and is now repurchasing PUMP tokens from that address. To date, the address has repurchased a total of $6.68 million worth of PUMP tokens, of which approximately $5.72 million has been transferred to the Squads Vault.