Pump.fun, a Solana (SOL)-based memecoin issuance platform, appears to have completed PUMP distribution to all six centralized exchanges (CEXs) that participated in its public sale based on current on-chain data, according to on-chain analyst @EmberCN on X. The exchange wallets currently hold the following amounts: Kraken holds 7.5 billion tokens, Bitget (7.5 billion), Gate (6.4 billion), Bybit (5 billion), MEXC (5 billion) and KuCoin (4.1 billion). She added that trading is likely to begin later tonight or sometime tomorrow.
Pump.fun finalizes PUMP distribution, trading could start tonight
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