The figures have just climbed again. An entity affiliated with Pump.fun - the largest token and meme coin launchpad on the Solana network - sold another 81,711 SOL worth approximately $6.15 million on July 18, 2026. The report comes from on-chain analytics account @lookonchain on X, known for tracking major wallet movements across blockchains.
What makes this development stand out is not just today’s figure, but the cumulative total. According to lookonchain, the latest sale pushed the total SOL sold by Pump.fun-related entities to 4,738,536 SOL, valued at around $800.96 million - nearly reaching the $801 million mark - with an average selling price of $169 per SOL.
A Recurring Pattern of Sales
This is not a one-off sale. Lookonchain emphasized that transactions from the treasury or wallets affiliated with Pump.fun are recurring, taking place repeatedly over time. The SOL being sold is believed to stem from accumulated platform fees - a plausible explanation given that Pump.fun is the most popular meme coin launchpad in the Solana ecosystem, where new tokens emerge almost non-stop.
What Remains Unknown
It is important to note that all of this data comes strictly from on-chain tracking by lookonchain. As of writing, there has been no official statement from Pump.fun regarding the reasons or strategy behind this ongoing selling pattern. It could be routine liquidation of operational revenue, or there might be other considerations - without official confirmation, both remain purely speculative.
For SOL holders, a pattern like this warrants close monitoring rather than panic. Continuous selling from a single large entity does increase circulating supply, but its impact on price depends on far broader market factors. What is clear, however, is that when a platform of Pump.fun’s scale liquidates nearly $801 million over time, its moves can hardly escape the market’s attention.
Reported via @lookonchain on X.
Read also: How to Read Candlestick Charts for Beginners
Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
