CandleFocus

Pump.fun Fee Account Sells $SOL Equaling $18M Amid a Revenue Milestone of $120M

Pump.fun, a prominent account in the crypto market, has reportedly sold a large amount of $SOL worth $18 million in the past 5 days. This follows their previous revenue generation of 773,617 $SOL, equivalent to $120.68 million based on current market prices. The consistent and significant sales activity by Pump.fun indicates that they are taking advantage of market fluctuations and increased liquidity in the Solana ecosystem. It is worth noting that such large-scale token selloffs can impact price volatility.

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