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pump.fun has made new moves again.
Just 2 hours ago, this project transferred another 75 million USDC to Kraken. The actions have been quite frequent—if you count from November 15, they've already moved $555 million USDC to Kraken in just half a month. All of these are funds raised during the ICO phase.
What's behind these continuous large transfers? Cashing out and leaving? Strategic adjustments? Or just simple fund management?
On-chain data doesn't lie, but you'll have to figure out the motives for yourself. Either way, this pace is definitely worth keeping an eye on.