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The project party of pump.fun transferred 75 million USDC into CEX 8 hours ago, highly suspected of outflow.

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On November 27, according to Ember monitoring, pump.fun transferred 75 million USDC to CEX 8 hours ago. They have transferred a total of 480 million USDC obtained from ICO sales to CEX over the past 12 days since 11/15. A few days ago, people from the pump.fun team said they had not withdrawn any funds, but had only diversified the USDC obtained from these ICO sales for the company to reinvest in the business. However, early this morning, as soon as these 75 million USDC entered CEX, 69.26 million USDC was transferred from CEX to the Circle ( USDC issuer ).

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