According to @EmberCN, pump.fun moved an additional 75 million USDC to Kraken about two hours ago, describing the funds as proceeds from ICO sales; source: @EmberCN. Since Nov 15, a cumulative 555 million USDC has been transferred by pump.fun to Kraken, indicating sustained exchange inflows over roughly half a month; source: @EmberCN. This cadence equates to approximately 30–31 million USDC per day since Nov 15, a scale that traders can use to gauge short‑term USDC liquidity on Kraken; calculation based on figures reported by @EmberCN, source: @EmberCN.

According to @EmberCN, Pump.fun transferred 75 million USDC to Kraken about eight hours ago, bringing cumulative transfers to 480 million USDC sent to Kraken over the 12 days since Nov 15 from ICO sale proceeds (source: @EmberCN on X). According to @EmberCN, the Pump.fun team previously stated these were not cash-outs but a redistribution of ICO USDC for business reinvestment (source: @EmberCN on X).