The post Crypto Venture Moves 480 Million USDC to Kraken appeared on BitcoinEthereumNews.com.

Key Points: Pump.fun transfers 480 million USDC to Kraken with ongoing scrutiny. Statement: “Treasury management, not cash-outs,” says leadership. 69.26 million USDC moved to Circle after Kraken transfer. Pump.fun has transferred 480 million USDC to Kraken since November 15, 2025, with significant amounts then moving to Circle, raising speculation about treasury management strategies. This transfer pattern intensifies scrutiny over Pump.fun’s financial activities, impacting market perceptions and the value of related assets, notably PUMP and USDC. Pump.fun’s $480M USDC Transfer Sparks Industry Debate Pump.fun has moved 480 million USDC to Kraken, claiming these transfers as part of their business operations. This activity is raising eyebrows in the crypto sphere given the size of funds involved. No funds are alleged to have been cashed out by the team, according to the company’s leadership. Market implications include concerns over USDC market liquidity, yet Pump.fun’s leadership stands by the actions as prudent financial management. The subsequent transfer of 69.26 million USDC from Kraken to Circle hints at possible USDC redemption activities. Complete misinformation from @lookonchain again. $0 have been cashed out — we’re not involved in the transactions between Kraken and Circle that you’re alleging us to be a part of. What’s happening is part of pump’s treasury management, where USDC from the $PUMP ICO has been… source Regulatory Scrutiny and Historical Comparisons in Crypto Transfers Did you know? Unusually large cryptocurrency transfers to exchanges often lead to market skepticism, reminiscent of Ripple’s routine XRP sales stirring market uncertainty in previous years. According to CoinMarketCap, USDC’s market cap stands at $75.76 billion, with a 24-hour trading volume of $13.18 billion, reflecting a 9.93% decrease. Despite minute changes in price, USDC’s market dominance is 2.45%, and supply is unlimited. Data as of November 27, 2025. USDC(USDC), daily chart, screenshot on CoinMarketCap at 00:21 UTC on…

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Filed under: News - @ November 27, 2025 1:22 am