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🩸BEARISH

Pump.fun Sells 47,994 SOL Worth $5.83M

Pump.fun’s cumulative SOL sales have reached 5.24M tokens, keeping a large, persistent seller at the center of Solana’s on-chain supply pressure.

Pump.fun sold another 47,994 SOL worth $5.83 million two hours ago, bringing its cumulative sales to 5,236,623 SOL. The tokens were sold at an average price of $162, with total proceeds reaching $848 million.

Why it matters

The latest transaction extends a large, persistent selling pattern tied to one of Solana’s most prominent ecosystem businesses. A cumulative disposal of more than 5.2 million SOL gives the activity significance beyond a single wallet movement, particularly while traders are monitoring on-chain supply pressure.

Market impact

The immediate signal is bearish for SOL market structure because another sizable tranche has entered the market from the same seller. The key data points to watch are whether Pump.fun continues selling at this pace and how the market absorbs future transfers without broader price pressure.

Related tokens
$SOL

Frequently asked questions

  1. How much SOL did Pump.fun sell in the latest transaction?

    Pump.fun sold 47,994 SOL worth $5.83 million in the latest transaction, which occurred two hours before the report.

  2. How much SOL has Pump.fun sold in total?

    Pump.fun’s cumulative sales have reached 5,236,623 SOL.

  3. What is the total value of Pump.fun’s SOL sales?

    The reported cumulative value of Pump.fun’s SOL sales is $848 million.

  4. What average price did Pump.fun receive for its SOL sales?

    Pump.fun sold the reported 5,236,623 SOL at an average price of $162.

  5. Why are Pump.fun’s sales important for Solana?

    The cumulative volume makes the activity more than a one-off wallet move and adds a persistent source of on-chain supply pressure for SOL.

Source attribution
Aggregated from Lookonchain · Verified · Last refreshed 58m ago
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