Another massive cash-out from
#pumpfun just hit.
About $50M was moved roughly 11 hours ago.
Zooming out makes it clearer what’s happening:
Since Oct 15, PumpFun has sent ~617.5M USDC into centralized exchanges.
Over the same period, ~1.1B USDC flowed from those exchanges to Circle wallets.
On the SOL side, between May 2024 and Aug 2025: • 4.19M SOL sold in total (~$757M)
• Average sell price around $181
• ~264K SOL dumped directly on-chain for ~$41.6M
• $715.5M) routed through exchanges
This isn’t random profit-taking. It’s systematic, consistent, and large-scale.
PumpFun isn’t just a meme launcher anymore. It’s one of the biggest and most efficient extractors of liquidity this cycle.
The real question isn’t if they’re cashing out. It’s how long the ecosystem can absorb this level of outflow without feeling it.
$WIF