Pump.fun's SOL Sales Reach New Heights
Pump.fun's continued sales of Solana (SOL) tokens have drawn attention from traders and analysts, as the platform's treasury management strategy remains a closely watched topic within the Solana ecosystem.
The latest on-chain data shows that Pump.fun sold another 84,789 SOL, worth approximately $6.25 million, bringing its cumulative sales to 4.82 million SOL with a total estimated value of $807 million at an average price of $167.40 per SOL.
This continued liquidation of SOL holdings has sparked interest among traders monitoring large wallet activity and its potential impact on the market.