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Pump.fun Unloads Massive SOL Stake for $58.3 Million

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Pump.fun, a popular cryptocurrency whale tracker, has sold 47,994 SOL tokens worth approximately $58.3 million, according to data.

This transaction occurred just two hours prior to the announcement and generated $811,000 in fees for Pump.fun, which were transferred to Kraken. The sale included 47,995 SOL tokens and 2.28 million USDC.

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