Pumpfun’s Massive SOL Buyback Move!
On-chain data shows Pumpfun transferred 101,900 SOL ($16M) to a buyback wallet and sold ~4.1M SOL ($741M) since May 2024 at ~$180 each.
@EmberCN reports they used 111,953 SOL ($18.34M) to buy 3.04B $PUMP at $0.006 each. This SOL-to-PUMP shift could signal strategic repositioning in the Solana ecosystem.
http://solscan.io/tx/3jrTyQDkW4unK7e2uimZAx9JbEyWH8jV3hqM2j6HGrUmYrWgxFk4dK1C3wwk1sGGxk5zoAVsZzjEEMxkp8YXLjjX