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Pump.fun seems to have transferred an additional 75 million USDC to Kraken.
According to analyst Yu Jin, Pump.fun transferred an additional 75 million USDC to Kraken 8 hours ago. In the 12 days since November 15, they have transferred a total of 480 million USDC obtained from ICOs to Kraken.
A few days ago, members of the pump.fun team stated that they did not withdraw any funds, but only distributed the USDC obtained from ICOs so that the company could reinvest in its business activities.
However, right after their 75 million USDC was transferred to Kraken early this morning, 69.26 million USDC was subsequently transferred from Kraken to Circle (, the issuer of USDC ).