How much SOL has Pump.fun sold in total?

Pump.fun has sold 4,466,846 SOL cumulatively, worth roughly $780M, at an average price of $175 per SOL.

Where is Pump.fun sending the SOL proceeds?

Around 4,202,472 SOL (~$738.6M) has been deposited into Kraken, with only 264,373 SOL (~$41.6M) sold directly on-chain.

What is Pump.fun's average exit price on SOL?

The reported cumulative average is $175 per SOL, which is below recent SOL spot prices and means the treasury is monetizing at a loss versus current basis.

Why is Pump.fun selling SOL instead of holding?

Pump.fun is the launchpad that bootstrapped much of the Solana memecoin cycle and holds SOL from that era. Selling into a CEX converts the treasury into stablecoin liquidity rather than redeploying into the ecosystem.

Is the selling likely to continue?

The cadence of regular deposits to Kraken suggests it could. A second deposit near 100K SOL in the next 48 hours would confirm a continuing pattern rather than a one-off cleanup.

🩸BEARISH 45d ago

Lookonchain

Pump.fun Dumps 100,628 SOL: 95% of $780M Sales Land on Kraken

The memecoin launchpad now sits on $780M of cumulative SOL sales at a $175 average — and almost all of it has gone to Kraken, not into rotating back into the ecosystem.

Zipp Editorial Aggregated from Lookonchain

Pump.fun Dumps 100,628 SOL: 95% of $780M Sales Land on Kraken

Pump.fun sold another 100,628 SOL (~$8.32M) in its latest wallet movement, bringing cumulative SOL sales to 4,466,846 tokens (~$780M) at an average price of $175. The on-chain data also shows that 4,202,472 SOL (~$738.6M) of that total was deposited into Kraken, while only 264,373 SOL (~$41.6M) was sold directly on-chain.

Why it matters

The ratio is the story. Nearly 95% of Pump.fun's SOL has flowed to a single centralized venue rather than being redeployed into the Solana DeFi ecosystem or used to seed the next launchpad cycle. That is a one-way bridge, not a treasury rotation — a launchpad monetizing its native asset at scale and parking the proceeds on a CEX.

Market impact

Selling into Kraken deposits is the most supply-bearish venue choice available, because every dollar parked there is a dollar waiting to be marketed. With the average exit at $175, Pump.fun is meaningfully underwater on its current SOL basis but is still choosing to convert rather than wait. Watch for follow-on deposits over the next 48 hours — a second tranche near this size would confirm a continuing cadence rather than a one-off cleanup.

$SOL #Solana #WhaleActivity #Kraken

Frequently asked questions

How much SOL has Pump.fun sold in total?

Pump.fun has sold 4,466,846 SOL cumulatively, worth roughly $780M, at an average price of $175 per SOL.
Where is Pump.fun sending the SOL proceeds?

Around 4,202,472 SOL (~$738.6M) has been deposited into Kraken, with only 264,373 SOL (~$41.6M) sold directly on-chain.
What is Pump.fun's average exit price on SOL?

The reported cumulative average is $175 per SOL, which is below recent SOL spot prices and means the treasury is monetizing at a loss versus current basis.
Why is Pump.fun selling SOL instead of holding?

Pump.fun is the launchpad that bootstrapped much of the Solana memecoin cycle and holds SOL from that era. Selling into a CEX converts the treasury into stablecoin liquidity rather than redeploying into the ecosystem.
Is the selling likely to continue?

The cadence of regular deposits to Kraken suggests it could. A second deposit near 100K SOL in the next 48 hours would confirm a continuing pattern rather than a one-off cleanup.

Source attribution

Aggregated from Lookonchain · Verified · Last refreshed 45d ago

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