On-chain data from ChainCatcher, via analyst Ember, indicates that Pump.fun moved 50 million USDC acquired through IC0 sales to Kraken roughly 10 hours ago, after about a month since the last IC0-sale related activity. The report provides no pricing details or disclosed counterparties.

Kraken’s involvement suggests the funds could be directed toward liquidity provision or trading activity on the exchange. The IC0-sale mechanism and subsequent transfer continue to draw attention from on-chain observers, though no further information has been released.

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