Pump.fun transfers 196000 SOL to Kraken, reducing commission income by 95%

2025-03-18 01:24

Odaily Planet Daily News: According to analysis by Yu Jin, Pump. fun transferred 196000 SOLs worth $25.3 million to the cryptocurrency exchange Kraken three hours ago. This transfer amount is only for Pump A small portion of Fun's handling fee income in the past three weeks, along with approximately 120000 SOLs as collateral for its redemption. On the contrary, Pump. fun's fee income has significantly declined, especially since March, when fee income has almost plummeted. From approximately 12000 SOLs per day (about $2 million) in February to less than 1000 SOLs per day (about $100000) today, the decline is as high as 95%.

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Today 2025-03-18

12:02

Live streaming in Tianxia Community: Labor pains before childbirth, conspiracy in the cryptocurrency industry

Click on the link to enter the live stream: https://meeting.tencent.com/p/5658778060 Having experienced yesterday's fluctuations, our analysis from yesterday is no different. The Big Dipper continues to rise and test the 84000 point position, which is 384000 points. From the actual situation, this position has not been effectively broken through. Yesterday, in our analysis of the Big Dipper, we provided a strategy for short selling at 84200 points, as well as a strategy for chasing long positions after breaking through 84000 points. In fact, looking back, neither of these two ideas is a big problem. Firstly, after the price broke through 84000 points, the market briefly rose to 84700 points, indicating that there were not many risk issues with the most frequent operations. Secondly, if the 84200 position is used for short selling operations, the current situation is also very suitable. We can say that the analysis of demeanor and manners is completely accurate, because yesterday we gave a zero position of 1950~198 for empty orders to enter the market. After our live broadcast ended yesterday, the highest price rose to over 1950, and then there was a return movement. This is for yesterday's review. Since the purpose of the review is also very clear, I want to tell you that our overall analysis on the wheat yesterday was completely correct and the thinking was quite appropriate. Today, we will continue to analyze the future trend on the wheat. Of course, the process of choosing a direction during market fluctuations must be quite uncomfortable. And last night it was mentioned that a giant whale had entered the pancake battle, which also led to false market news. So as my title suggests today, we need to objectively and calmly analyze the market situation at present, and not blindly follow the crowd or be misled by market conspiracies Tencent Meeting: 5658778060 QQ group number: 873659756 AIcoin group number: https://aicoin.com/link/chat?cid=2ARLLeaoM Disclaimers The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.

11:54

Pump.fun transfers 196000 SOL to Kraken, reducing commission income by 95%

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