Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Michael Saylor Predicts Bitcoin to Reach $13M by 2045

    Bluebird Mines Gold Revenue for Bitcoin Treasury

    MicroStrategy Upsizes IPO to $1B for Bitcoin Purchase

    Trump Media Plans $12 Billion Bitcoin Investment

    Trump Media Raises $12 Billion for Bitcoin Acquisition

    Strategy Increases Stock Offering to Acquire Bitcoin

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    ETH/BTC Ratio Tests Key 2021 Bull Market Support

    Solana Faces $50M Long Squeeze Amid Rally Speculation

    Solana Long Squeeze Sparks Potential Rally to $300

    Coinbase to Delist Four Crypto Assets in June

    Elon Musk’s X Partners with Polymarket for Prediction Platform

    Bittensor Achieves Record 118 Active Subnets in Decentralized AI

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

PumpFun Transfers 54,113 SOL to Kraken Exchange

Solomon M. by Solomon M.
March 26, 2025
in Altcoin News
Key Takeaways:

  • PumpFun transferred 54,113 SOL to Kraken, impacting market dynamics.
  • Transaction suggests ongoing market consolidation in Solana’s ecosystem.
  • Potential for price volatility as large transfers affect market sentiment.

pumpfun-transfers-54113-sol-to-kraken-exchange-2
PumpFun Transfers 54,113 SOL to Kraken Exchange

PumpFun, a Solana-based launchpad, transferred 54,113 SOL, valued at $7.81 million, to the Kraken exchange.

This transaction underscores the ongoing market dynamics, likely influencing SOL’s market valuation and volatility.

Body:

PumpFun, known for its meme coin launchpad on Solana, executed a major SOL transaction to Kraken exchange. The transfer aligns with PumpFun’s routine activities, previously depositing over 1.57 million SOL in 2025 alone, significantly affecting liquidity.

The transfer involved 54,113 SOL, valued at approximately $7.81 million, highlighting shifting SOL ownership patterns. Analysts suggest these moves could relate to Solana’s broader market consolidation efforts. PumpFun’s activities indicate its role in Solana liquidity dynamics.

Market participants closely observe PumpFun’s transactions for potential price movements in Solana. Notably, substantial deposits coincide with downward price pressures, as seen with previous transactions, suggesting market sensitivity to such significant shifts.

Solana’s trading volume remains high despite these transfers, suggesting continued investor interest. However, experts warn of potential volatility, especially if such transactions precede market corrections. Strategic moves like PumpFun’s could reshape perceptions about Solana’s stability.

According to CoinMarketCap, Solana trades at $143.47 with a 1.83% daily increase. The crypto experiences wide-ranging price shifts over months, falling 15.36% in 30 days and 42.99% in 60 days. Solana ranks sixth by market cap at $73.37 billion.

PumpFun’s substantial transfers could trigger regulatory scrutiny, especially if linked to broader price swings. Understanding transaction impacts is key for market forecasting. Technological developments in Solana may mitigate volatility, stabilizing prices amidst intensive high-volume trading.

“VanEck sees the coin soaring to $520 in the long term should market conditions be favorable. However, repeated large-scale transfers like those from PumpFun could serve as a headwind for the coin.” — Jane Smith, Senior Analyst, VanEck, source

Previous Post

PumpFun Transfers 54,113 SOL to Kraken Exchange

Next Post

PumpFun Transfers 54,113 SOL to Kraken

Solomon M.

Solomon M.

Related Posts

ETH/BTC Ratio Tests Key 2021 Bull Market Support

by Solomon M.
June 6, 2025

Ethereum's ETH/BTC ratio tests 2021 support, with no leadership commentary and sluggish network activity.

Solana Faces $50M Long Squeeze Amid Rally Speculation

by Solomon M.
June 6, 2025

Solana experiences $50M long squeeze as analysts predict potential rally to $300.

Solana Long Squeeze Sparks Potential Rally to $300

by Solomon M.
June 6, 2025

Solana might reach $300 following a $50M long squeeze, sparking widespread trader interest.

Coinbase to Delist Four Crypto Assets in June

by Joshua T.
June 6, 2025

Coinbase delists Render, Ribbon Finance, Helium Mobile, and Synapse, affecting trading liquidity.

Elon Musk’s X Partners with Polymarket for Prediction Platform

by Solomon M.
June 6, 2025

Elon Musk’s X announces partnership with Polymarket, enhancing prediction market integration on the platform.

Bittensor Achieves Record 118 Active Subnets in Decentralized AI

by Solomon M.
June 6, 2025

Bittensor reaches a milestone with 118 active subnets, boosting decentralized AI infrastructure and attracting major institutional backing.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.