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🩸BEARISH

PUMP: Three Wallets Sell 2.9B Tokens for $12.58M

The sale was executed at $0.00434 per PUMP, putting a sizable token transfer into USDC on traders’ radar.

PUMP: Three Wallets Sell 2.9B Tokens for $12.58M
PUMP: Three Wallets Sell 2.9B Tokens for $12.58M
PUMP: Three Wallets Sell 2.9B Tokens for $12.58M

Three wallets sold 2.9 billion PUMP for 12.58 million USDC at $0.00434 per token, according to the seed data. The transactions occurred about nine hours before the report.

Why it matters

The wallets converted a large quantity of PUMP into USDC. The reported sale puts the size and timing of the token outflow in focus, but the available figures do not establish who controlled the wallets or why they sold.

Market impact

The reported execution price offers a reference point for the sale. Traders may watch for further wallet activity and whether PUMP selling continues, but this transaction alone does not show how the broader market responded.

Related tokens
$PUMP $USDC

Frequently asked questions

  1. How much PUMP did the three wallets sell?

    The three wallets sold 2.9 billion PUMP.

  2. How much USDC did the wallets receive?

    They received 12.58 million USDC for the PUMP sale.

  3. At what price was PUMP sold?

    The reported execution price was $0.00434 per PUMP.

  4. When did the reported transactions take place?

    The transactions were reported to have occurred about nine hours before the report.

  5. Do the reported figures explain why the wallets sold?

    No. The figures show the amount sold, proceeds and execution price, but do not identify the sellers or explain their motives.

Source attribution
Aggregated from Lookonchain · Verified · Last refreshed 49m ago
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