Pump.fun has again moved a large part of its transaction fee income. On-chain data shows that the project transferred 154,000 SOL (approximately $24.39 million) to centralized exchange Kraken over nine hours. This sale is part of a pattern in which the earnings of Pump.fun are moved to liquid assets every one to two weeks. Even though this practice is not new for Pump.fun, the timing and context of the latest transfer raises questions. – Meme coin trading activity is cooling off, and daily/weekly volumes on the platform were starting to dip. – Transaction volume at Pump.fun soared to around $700
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