Pump.fun USDC Transfers Resume, $605M Moved to Kraken Since November

TLDR Pump.fun restarted large USDC transfers to Kraken after nearly a month of inactivity, renewing market scrutiny. Since November 15, on-chain data confirms $605M USDC moved from ICO proceeds into centralized exchanges. Institutional investors bought PUMP at $0.004, while the token now trades near $0.0018, down 55%. Short-term charts show price compression and bearish momentum [...]

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