Pump.fun Suspected of Selling 95,933 SOL Again and Transferring Funds to CEX
PANews, April 22, reported that according to Onchain Lens monitoring, Pump.fun is suspected of transferring 95,933 SOL through five newly created wallets, exchanging them for $13.23 million USDC at a rate of approximately $138 per SOL, and depositing the funds into an exchange. This transaction amount matches the amount Pump.fun has deposited in the past 9 hours, raising market concerns over its potential continued selling of SOL.
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