Pumpfun Moves Massive $25.7 Million in SOL Fees to Kraken

Pumpfun’s recent activity has been noteworthy, transferring a significant $25.7 million worth of SOL (156,000 tokens) to cryptocurrency exchange Kraken. This transfer exemplifies a consistent strategy by Pumpfun to move accumulated fees to this centralized platform in one to two week intervals. This approach highlights the platform’s substantial revenue generation capabilities. Daily fee income for Pumpfun averages around $1.3 million, and through this strategy, they consolidate these earnings into liquid assets within a short timeframe.