Pump.Fun sent a value of $5.6 million SOL to a new address, which will be used for the PUMP buyback.

BlockBeats News, August 9th, according to Arkham monitoring, Pump.Fun sent $5.6 million worth of SOL to a new address to repurchase PUMP.

So far, they have already repurchased $6.68 million worth of PUMP at this address and sent $5.72 million of it to Squads Vault.