Why is Pump.fun moving so much Solana? SOL to crash below $200?

Pump.fun, a prominent platform for launching meme tokens, has once again gripped the attention of netizens following a transfer of 120,000 SOL (approximately $22.88 million at the time) to Kraken, according to an Arkham Insight update. This is the first Solana transfer the Solana launchpad has made in 2025. According to recent data, the platform’s fee account holds 172,000 SOL…   

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