Rewards Hub Pumpfun has reportedly transferred $405 million USDC to Kraken over the past week, with $466 million USDC subsequently moved from Kraken to Circle, the issuer of USDC. This transaction is suspected to be a cash-out. The funds were originally raised in June through a private sale of PUMP tokens to institutional investors at a price of $0.004 per token.
Pumpfun Transfers $405 Million USDC to Kraken, Suspected Cash-Out
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