Pump.fun Sells Another $8.32 Million of SOL, Bringing Total Disposals to About $780 Million

Pump.fun, a Solana-based memecoin platform, has carried out another sale of Solana tokens.

Lookonchain said on May 27 that Pump.fun recently sold an additional 100,628 SOL, worth about $8.32 million.

That brings Pump.fun's cumulative SOL sales to 4,466,846 tokens. The average sale price was about $175, putting total disposals at roughly $780 million.

Of the total, 4,202,472 SOL, worth about $738.6 million, was deposited to cryptocurrency exchange Kraken. The remaining 264,373 SOL, worth about $41.6 million, was sold directly on-chain.