
Pump.fun Cash Out Exposure reveals $50M recent withdrawals and $757M in SOL sales, highlighting revenue extraction patterns on Solana.
Author: Akshat Thakur
December 28, 2025 — Pump.fun Cash Out Exposure surfaced fresh data showing another $50 million withdrawn within the last 11 hours. The Pump.fun Cash Out Exposure highlights sustained revenue extraction through large-scale SOL sales and centralized exchange off-ramps.
Pump.fun operates as a Solana-based memecoin launchpad that enables rapid token creation through bonding curves. The platform gained traction in 2025 as meme speculation accelerated across Solana. Its low-friction design encouraged viral launches but also drew criticism for enabling short-lived and rug-prone tokens.
Pump.fun generated significant fee revenue during peak meme cycles. Critics question whether the model supports long-term ecosystem health. The Pump.fun Cash Out Exposure brings renewed attention to how the platform captures value.
Lookonchain published the Pump.fun Cash Out Exposure on X on December 28, 2025. The data shows that Pump.fun-linked wallets cashed out roughly $50 million just 11 hours before the post. Since October 15, those wallets deposited approximately 617.5 million USDC into Kraken. Between May 19 and August 12, the platform sold about 4.19 million SOL at an average price of $181, totaling roughly $757 million.
Of that amount, wallets sent 3.93 million SOL to Kraken for $715.5 million and sold 264,373 SOL directly on-chain for $41.64 million. Afterward, USDC flowed from Kraken to Circle through a wallet labeled DTQK7G.
The Pump.fun Cash Out Exposure highlights a consistent pattern of revenue extraction rather than isolated profit-taking. Observers note that the scale and regularity of withdrawals suggest systematic monetization of platform activity. Such behavior can erode user confidence, particularly in launchpad environments built on speculative participation.
Piss Wheeler
@0x10kLiquid
@lookonchain don't worry that's for the buybacks guys
It seems that #pumpfun cashed out another $50M 11 hours ago! Since Oct 15, #pumpfun has deposited 617.5M $USDC into#Kraken. During the same period, 1.1B $USDC flowed from #Kraken to #Circle through wallet DTQK7G. Between May 19, 2024 and Aug 12, 2025, #pumpfun sold a total of https://t.co/NDgYioa6qf
01:03 PM·Dec 28, 2025
RugsDotFun
@RugsDotFunX_
@lookonchain https://t.co/UslaqlnPWV

It seems that #pumpfun cashed out another $50M 11 hours ago! Since Oct 15, #pumpfun has deposited 617.5M $USDC into#Kraken. During the same period, 1.1B $USDC flowed from #Kraken to #Circle through wallet DTQK7G. Between May 19, 2024 and Aug 12, 2025, #pumpfun sold a total of https://t.co/NDgYioa6qf
12:37 PM·Dec 28, 2025
DegenApeDev
@DegenApeDev
@lookonchain So it turns out @pumpfun was a rug too??
It seems that #pumpfun cashed out another $50M 11 hours ago! Since Oct 15, #pumpfun has deposited 617.5M $USDC into#Kraken. During the same period, 1.1B $USDC flowed from #Kraken to #Circle through wallet DTQK7G. Between May 19, 2024 and Aug 12, 2025, #pumpfun sold a total of https://t.co/NDgYioa6qf
04:46 AM·Dec 28, 2025
The data reinforces concerns that creators and platforms may capture outsized value relative to late participants. In 2025, similar revelations across DeFi have intensified calls for clearer disclosure around fee flows. The exposure adds momentum to broader discussions about fairness in token launch ecosystems.
The Pump.fun Cash Out Exposure underscores challenges facing high-velocity launchpads. Perceptions of aggressive extraction risk undermining long-term user loyalty. As competition increases, platforms lacking transparency may struggle to retain trust. Market volatility could amplify backlash if users perceive asymmetric value capture.
At the same time, these disclosures may accelerate demand for more sustainable and transparent launch models. How Pump.fun and similar platforms respond could shape the next phase of Solana’s launchpad landscape.
Our Crypto Talk is committed to unbiased, transparent, and true reporting to the best of our knowledge. This news article aims to provide accurate information in a timely manner. However, we advise the readers to verify facts independently and consult a professional before making any decisions based on the content since our sources could be wrong too. Check our Terms and conditions for more info.