In a recent development that has caught the attention of the cryptocurrency community, #PumpFun, a well-known individual in the Solana (SOL) ecosystem, seems to have quietly sold a large amount of SOL tokens in recent days. The latest transactions indicate that #PumpFun has offloaded 65,284 SOL, worth a remarkable $8.22 million. This has sparked concern, apparently in the cryptocurrency community, that #PumpFun might be engaged in market manipulation. And this, in turn, has raised questions about the behavior of large holders in the Solana ecosystem. The Mechanics of #PumpFun’s Recent Solana Sell-Off Earlier today, 65,284 SOL were deposited into the
The post PumpFun Quietly Offloads $8.22 Million in Solana (SOL), Raising Questions About Market Manipulation appeared first on The Merkle News.