According to on-chain analyst Ember (@EmberCN), 11.2 billion PUMP tokens (approximately $21.22 million) have been transferred from a wallet associated with the PUMP core treasury to Kraken exchange, accounting for 1.12% of PUMP’s total supply. This associated wallet originally received 20 billion PUMP tokens—2% of the total supply—from the core treasury at the time of PUMP’s listing in July 2025.
PUMP Core Treasury Wallet transfers 1.12 billion tokens worth $21.22M to Kraken
TechFlowShare
Summary
A PUMP core treasury wallet transferred 1.12 billion tokens (worth $21.22M) to Kraken, accounting for 1.12% of the total supply. This follows a previous allocation of 2 billion tokens (2% of supply) to the same wallet in July 2025. Such on-chain activity is often observed in altcoins to watch, as it can reflect broader crypto market dynamics. The move occurs as the crypto market continues to closely monitor significant token movements and exchange inflows.
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