PUMP Treasury Wallet Moves 112B Tokens Worth $21M to Kraken

Key Insights:

• 112B PUMP tokens moved to Kraken, representing 1.12% of total supply.
• The wallet previously received 200B PUMP in July 2025 after token listing.
• PUMP price chart shows sharp peaks, corrections, and stabilization from mid-2025 to early 2026.

Crypto analyst EmberCN reported that 112 billion PUMP tokens, worth about $21.22 million, were transferred from a wallet connected to the project’s core treasury to the Kraken exchange. The transaction took place one hour before the report and makes up 1.12% of the total PUMP supply.

The same wallet received 200 billion PUMP in July last year, shortly after the token was listed. That transfer represented 2% of the total supply at the time. The recent movement has drawn attention because of the wallet’s treasury link and the size of the transfer.

$21M PUMP Moved to Kraken

Blockchain records show 112 billion PUMP tokens left the treasury-linked wallet and moved directly to Kraken. At current prices, this equals roughly $21.22 million. Large transfers to exchanges can affect market supply and are often closely monitored.

The transfer accounts for 1.12% of the total PUMP supply. Traders often watch wallets tied to core teams or treasury holdings to track potential market changes. There has been no statement from the PUMP team about the transfer at the time of reporting.

Early Treasury Wallet Activity

EmberCN noted that the wallet originally received 200 billion PUMP in July last year, just after the token entered the market. At that time, it represented 2% of the total token supply.

On social media, EmberCN wrote, “112 billion $PUMP ($21.22 million) was transferred from a pump core treasury-associated wallet to Kraken.”

The post also noted,

The wallet’s renewed activity comes months after the initial allocation. Traders and market watchers often follow early treasury wallets for changes in token movement.

Price Movement Overview

A chart tracking PUMP from mid-2025 to early 2026 shows sharp fluctuations. In August 2025, the metric jumped to about $120 million before dropping to $60–$80 million.

By late September 2025, it rose again to around $170–$180 million. The metric then trended downward through October and November, reaching about $35–$40 million in late December. In early 2026, it recovered slightly, moving toward $50–$60 million. The data reflects periods of strong activity followed by corrections and stabilization.

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