Memecoin Launchpad and the Soon headquarters with headquarters. Total Fun Sun deposits for Kraken Manting at more than $ 660 million: is this a massive cash gain or a liquidity game?
According to the chain dataThe memecoin generating pump based in Solana. Fun silently moved 132,180 solana (SUN), with an approximate value of $ 20.87 million, to Kraken on June 10, causing speculation about its established pattern of revenue withdrawals to centralized encryption exchange.
The last transfer carries the Total Sun deposits of the FUN to Kraken this year at 2,476,697 Sun, valued at $ 404.64 million. Until now, the Memecoin Launchpad has deposited 3.62 million sun (around $ 660.5 million) to Kraken at $ 182, and sold 264,373 sun for 41.64 million dollars to $ 158, according Lookonchain chain analysis platform.
With only 3,610 Sol, valued at approximately $ 570,000, which remains in its fees account at the time of publication, the Fun Sun holdings -they have fallen to a fraction of previous levels. This points to an aggressive gain taking or a strategic change in the capital allocation.
What is the fuel pump?
Repeated large -scale sun transfers suggest that the pump. Fun is charging significant profits or preparing liquidity before its rumored sale of tokens of $ 1 billion. According to a June 3 report, BlockWorksThe sale is expected to occur within two weeks with an assessment of $ 4 billion, citing anonymous sources.
Pump.Fun has not yet confirmed or deny the sale of tokens in its official channels. Community reactions have mixed, and critics question how the launch of the platform would implement the funds. Developer 0xngmi defilams implied that the sale could be unnecessary.
The developments follow a strong decrease in the monthly income of the pump. As defiliated dataMemecoin Launchpad -based in Solana generated $ 46.6 million in revenue in May. This figure represents a 66 percent drop of January $ 137 million, underlining a decrease in maximum activity.
The moment and scale of sun movements suggest that the pump. FUN may be reassessing its capital strategy in response to changing market conditions and income weakening. If this indicates an aggressive liquidation, an increase in liquidity before the launch of Token rumored, or a change towards reinvestment is still clear.
