http://Pump.fun sold another 𝟭𝟰𝟯,𝟱𝟮𝟰 𝗦𝗢𝗟 ($12.52M) as the token rallied, bringing cumulative sales to 4.98M SOL ($820.55M) at a $164.80 average price. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: This is sustained structural distribution from a major protocol treasury — $𝟴𝟮𝟬𝗠+ in cumulative realized sales creates persistent overhead supply on SOL. The pattern of selling into rallies rather than during drawdowns signals systematic treasury liquidation, not opportunistic profit-taking. The $12.52M daily tranche is modest alone, but the cumulative total and ongoing nature make this a structural factor to weigh against SOL's bullish backdrop. SOL is tradeable on Hyperliquid — traders can position around this overhang. Watch whether selling pace accelerates into further strength or tapers, which would signal the treasury is nearing depletion. https://arkm.com/explorer/entity/pump-fun source: lookonchain Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2074(Hupzy (Spot On Chain))