The Coin Republic 27 11월 2024

Solana Pump Fun Sells Off 99,999 SOL Amid Livestream Backlash 📉

Solana Pump.fun

Pump Fun, a launchpad for memecoins on the Solana network, has sold a large quantity of Solana, totaling 99,999 SOL. This amount is valued at about $22.74 million. The sale has brought attention due to the negative reaction it received during its livestream.

The move by Pump Fun underscores its strategy of offloading significant amounts of Solana, as noted in a post by Lookonchain. This revelation points to Pump Fun's substantial holdings in Solana, with a total of 1,487,066 SOL.

The development showcases the movements within the cryptocurrency space involving significant players like Pump Fun and brings into focus the impact of major selloffs on the market dynamics.

출처: www.thecoinrepublic.com ↗

비슷한 기사 (7)개

Decrypt 26 11월 2024

Solana’s Pump.Fun Moves Another $22M to Kraken—Founder Says It’s Not All Being Sold

TheNewsCrypto 04 12월 2024

Pump.fun Transfers 200K SOL to Kraken Amid Record Revenue

Coingape 26 11월 2024

Solana’s Pump Fun Denies SOL Sale Despite $138M Deposit to Kraken

Ambcrypto 29 11월 2024

Pump.fun dumps 65K SOL tokens: How will this impact Solana’s market?

Coinpedia 29 11월 2024

Pumpfun Deposits $15.23M $SOL to Kraken Amid Selling Spree

Coinotag 26 11월 2024

Concerns Grow Over Possible Solana Sales by Pump.Fun Amid $22 Million Exchange Movement

Coinotag 29 11월 2024

Pump.fun’s Solana Sales Spark Market Correction and Bearish Sentiment Concerns

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