Pump.Fun Withdraws $436.5M USDC as PUMP Token Drops 24% Over Seven Days

Solana-based meme coin platform Pump.fun has withdrawn $436.5 million USDC since October 15, data show. The platform transferred 405 million USDC to Kraken over the past week. During the same period, 466 million USDC moved from Kraken to Circle. The PUMP token has declined 24% in seven days.