[Pump.fun Project Team Transfers 405 Million USDC to Kraken Within a Week] According to a report by Jinse Finance, chain analyst Ember (@EmberCN) monitored that the Pump.fun project team transferred 405 million USDC to the Kraken exchange over the past week. During the same period, 466 million USDC was transferred from Kraken to Circle (the issuer of USDC), suspected to be part of a withdrawal operation. It is reported that these funds originated from Pump.fun's private token sale of PUMP to institutions in June this year, with the private sale price set at $0.004. Currently, the token price has fallen below the private sale price.