ExchangeDEX+

Buy Crypto Markets Spot FuturesBTC Earn Event Center

The post USDC Transfers Hint at Cash-Out for Pump.fun as 405M USDC Moves to Kraken and 466M USDC to Circle appeared on BitcoinEthereumNews.com. According to EmberCN monitoring on November 24, a significant on-chain movement shows 405 million USDC deposited into Kraken by the pump.fun team over the past week, a pattern market observers flag as a potential cash-out signal. During the same window, 466 million USDC were transferred from Kraken to Circle, the USDC issuer, a transfer aligned with liquidity realignment rather than new issuance. Sources trace the funds to a June institutional private sale of PUMP at $0.004 per token; the move underscores a funding channel previously disclosed to institutional investors. Pump.fun‘s official X account has been silent for more than a week, and founder Alon‘s X activity last appeared on November 12, leaving observers awaiting further updates. Source: https://en.coinotag.com/breakingnews/usdc-transfers-hint-at-cash-out-for-pump-fun-as-405m-usdc-moves-to-kraken-and-466m-usdc-to-circleThe post USDC Transfers Hint at Cash-Out for Pump.fun as 405M USDC Moves to Kraken and 466M USDC to Circle appeared on BitcoinEthereumNews.com. According to EmberCN monitoring on November 24, a significant on-chain movement shows 405 million USDC deposited into Kraken by the pump.fun team over the past week, a pattern market observers flag as a potential cash-out signal. During the same window, 466 million USDC were transferred from Kraken to Circle, the USDC issuer, a transfer aligned with liquidity realignment rather than new issuance. Sources trace the funds to a June institutional private sale of PUMP at $0.004 per token; the move underscores a funding channel previously disclosed to institutional investors. Pump.fun‘s official X account has been silent for more than a week, and founder Alon‘s X activity last appeared on November 12, leaving observers awaiting further updates. Source: https://en.coinotag.com/breakingnews/usdc-transfers-hint-at-cash-out-for-pump-fun-as-405m-usdc-moves-to-kraken-and-466m-usdc-to-circle

USDC Transfers Hint at Cash-Out for Pump.fun as 405M USDC Moves to Kraken and 466M USDC to Circle

Author: BitcoinEthereumNews

Source: BitcoinEthereumNews

2025/11/24 12:04

According to EmberCN monitoring on November 24, a significant on-chain movement shows 405 million USDC deposited into Kraken by the pump.fun team over the past week, a pattern market observers flag as a potential cash-out signal.

During the same window, 466 million USDC were transferred from Kraken to Circle, the USDC issuer, a transfer aligned with liquidity realignment rather than new issuance.

Sources trace the funds to a June institutional private sale of PUMP at $0.004 per token; the move underscores a funding channel previously disclosed to institutional investors.

Pump.fun‘s official X account has been silent for more than a week, and founder Alon‘s X activity last appeared on November 12, leaving observers awaiting further updates.

Source: https://en.coinotag.com/breakingnews/usdc-transfers-hint-at-cash-out-for-pump-fun-as-405m-usdc-moves-to-kraken-and-466m-usdc-to-circle

Market Opportunity

USDCoin Price(USDC)

$1.0001

$1.0001$1.0001

0.00%

USD

USDCoin (USDC) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.