pump.fun Transaction Account: Converted 222,073 SOL to USDC in Three Months with a Cumulative Value of $35.54 Million
Publication Time:2024-08-14 10:21:06
Recently, the well-known cryptocurrency trading platform, pump.fun, executed a series of strategic operations over the last quarter, resulting in the conversion of 222,073 Solana coins (SOL) into 35.54 million USD-pegged coins (USDC). This conversion was carried out at an average price of $160 per coin, highlighting the market's sensitivity to the fluctuating exchange rates between SOL and USDC. Notably, this series of transactions led to pump.fun achieving a total revenue of approximately $89 million from 615,439 SOL, showcasing its activity within the cryptocurrency market and its expertise in strategic asset allocation and market operations.
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pump.fun
Cumulative Value
SOL Conversion
Quarterly Transactions