Pump.fun has transferred an additional $50 million USDC to the Kraken exchange, bringing its total transfers to $605 million over the past one and a half months. The latest transfer occurred 10 hours ago, continuing a trend of significant fund movements since November 15. The platform's native token, PUMP, has seen a decline of 55% from its June ICO price, now trading at $0.0018. Market sentiment, as indicated by the fear and greed index, remains a crucial factor for traders monitoring these developments.