PumpFun Launches New Features While Managing Large SOL Transfers – BitRss

The PumpFun platform recently transferred 54,113 SOL ($144.74) to the Kraken cryptocurrency exchange, with the transaction valued at approximately $7.81 million. This transfer highlights ongoing significant movements within the cryptocurrency market, particularly as the platform has reported a total of 1.57 million SOL transferred since the beginning of the year.

Year-Long Transfer Activity

Throughout 2025, PumpFun has attracted attention for executing substantial SOL transfers. By the end of February, the total transfer amount reached 1,573,313 SOL, equating to about $227 million at current market values. The recent transfer of 54,113 SOL is perceived as a continuation of the platform’s series of large transactions.

Earlier transactions included 120,000 SOL in January and 148,759 SOL in February. The trend of directing transfers to centralized exchanges has raised concerns about potential selling pressure on the Solana