Pump.fun transfers 76,111 Solana to Kraken as total sales pass $882m
The platform deposited $6.85 million worth of tokens to the exchange, according to Lookonchain, continuing a series of fee liquidations.
Key takeaways
- 1Pump.fun deposited 76,111 SOL worth $6.85 million into Kraken on 6 November 2026.
- 2Lookonchain data shows the platform has sold over 5.55 million SOL for $882.4 million in total.
- 3The average selling price across all recorded Pump.fun transfers stands at $158.88 per token.
Meme‑coin platform Pump.fun deposited 76,111 Solana tokens worth $6.85 million into crypto exchange Kraken on 6 November 2026. The transaction was tracked by on‑chain analytics service Lookonchain, which said the platform continues to move its fee revenues to centralized exchanges.
Lookonchain reports that Pump.fun has now sold a total of 5,553,833 Solana tokens worth approximately $882.4 million to date. The analytics service calculated that the platform completed these sales at an average price of $158.88 per token across its previous transfers.
Pump.fun generates revenue by taking fees from users who create and trade tokens on Solana, making it the highest‑earning application on the network. Earlier on 6 November, Solana co‑founder Anatoly Yakovenko endorsed four apps on the network, Leap, Phantom, Fomo and Jtx, while omitting Pump.fun from his public statement, YourKhabri previously reported. Solana was trading at $89.73, down 7.0 percent in 24 hours, with a market valuation of $53.0 billion, according to YourKhabri data.
Continuous token transfers by high‑revenue applications signal ongoing liquidations, which can increase supply pressure on exchange order books. Traders will be watching whether further exchange deposits follow in the coming days as Solana experiences wider market pullbacks.
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Reported and edited by the YourKhabri desk under our editorial policy. Nothing here is investment advice.