Pump.fun team address deposits another $75M in USDC to Kraken

An address linked to the Pump.fun team deposited an additional 75 million USDC to the crypto exchange Kraken approximately two hours ago, according to EmberCN. This brings the total amount transferred from the address to Kraken since Nov. 15 to 555 million USDC. The transfers have fueled speculation of a cash-out, which the Pump.fun team has previously denied.