2h ago

Pump.fun sells 132,935 SOL worth about $13.75 million 9 hours ago

AI Market Summary

On-chain tracking indicates Pump.fun sold ~132,935 SOL (~$13.75m) about 9 hours ago, bringing cumulative sales to ~5.11m SOL (~$834m) at an average exit price of ~$163.2. The continued, sizable distribution highlights persistent supply overhang and can weaken near-term market depth and sentiment around SOL, as traders reassess potential additional sell pressure from the same source.

Impact level

● Medium

Affected assets

SOL/USDT+1.55%

AI Insight · SOL/USDTAI Insight

▼ Bearish

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Pump.fun sold another 132,935 SOL about 9 hours ago, worth roughly $13.75 million, according to Lookonchain. So far, the address has sold a cumulative 5,110,924 SOL valued at about $834.3 million. The average selling price was $163.2 per SOL.

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