Pump has already moved $770 million of the stablecoins raised from its public offering into CEXs. Recently, it transferred 342,500 SOL in fee revenue to Kraken

According to monitoring by on-chain analyst Ember, Pump transferred another 16.43 million USDT to Kraken 7 hours ago. Of the stablecoins USDC and USDT obtained from selling PUMP tokens in its public offering in July last year, $770 million has now entered CEXs. Additionally, Pump has recently resumed selling its fee income. Since mid-May, it has transferred 342,500 SOL in fee revenue, worth $27.59 million, to Kraken.