On-chain analysts recently uncovered an interesting activity—pump.fun team transferred another 148 million USDC and USDT to Kraken on January 13th. This isn't the first time; since November 15th last year, they have been gradually transferring stablecoins raised during the June 2025 ICO phase, now totaling over 753 million.
Some might ask: Is this a sign of a potential exit scam? The official response is no. The team explained that these operations are to diversify risk and then reinvest the funds back into the business. How exactly they are used remains unclear. In any case, large amounts of funds moving in and out of exchanges always tend to spark community discussion. What are your thoughts on this?
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
6
Repost
Share
Comment
0/400
BridgeNomad
· 12h ago
ngl this "risk dispersal" excuse reads like every rug pull postmortem i've seen... 7.53B moving through exchange gateways? that's not diversification, that's optimal routing for a quick exit. seen this attack vector before with [redacted bridge], spoiler alert didn't end well
Reply0
LiquiditySurfer
· 12h ago
Using the same spiel again? Diversify risk, reinvest into the business—just listen to it, haha.
View OriginalReply0
OffchainWinner
· 12h ago
It's the same old story... Diversify risk and reinvest in the business, why does this sound so familiar?
View OriginalReply0
BanklessAtHeart
· 12h ago
753 million stablecoins enter exchanges—nothing beats directly showing the ledger for transparency rather than just talking about risk diversification.
On-chain analysts recently uncovered an interesting activity—pump.fun team transferred another 148 million USDC and USDT to Kraken on January 13th. This isn't the first time; since November 15th last year, they have been gradually transferring stablecoins raised during the June 2025 ICO phase, now totaling over 753 million.
Some might ask: Is this a sign of a potential exit scam? The official response is no. The team explained that these operations are to diversify risk and then reinvest the funds back into the business. How exactly they are used remains unclear. In any case, large amounts of funds moving in and out of exchanges always tend to spark community discussion. What are your thoughts on this?