Pump.fun moved 50 million USDC to Kraken from ICO sales, per on-chain data. This is the second transfer in a month, bringing total deposits to 605 million USDC since November 15. The PUMP token, sold in June at $0.004, now trades at $0.0018, down 55%. On-chain data shows ongoing activity from the project. Altcoins to watch include tokens with strong on-chain metrics and recent large movements.

Citing TechFlow, on December 28, Pump.fun transferred 50 million USDC from its ICO sales to Kraken, according to on-chain analyst Yu Jin. This marks the second such transfer in a month, with a total of 605 million USDC moved to Kraken since November 15. The PUMP token, sold in June at $0.004, is currently trading at $0.0018, a 55% decline.