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  • Debashree Patra
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    Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

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    Pump Fun Transfers 120,000 SOL to Kraken: What Next? 

    Pump.fun, the Solana-based meme token launchpad, moved 120,000 SOL (around $22.88 million) to Kraken, marking its first transfer of 2025. This comes after a series of large transfers, including 292,437 SOL transferred to Kraken just 23 days later, bringing the total to 1,500,893 SOL. While the reason for these transfers remains unclear, concerns of a potential selloff are rising. Despite facing regulatory challenges and ecosystem backlash, Pump.fun continues to thrive, holding 172,000 SOL and 101,000 JITSOL, valued at approximately $55.19 million.

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