The pump.fun team has transferred the funds to Squads Vault's "Token Admin" address

BlockBeats News, July 12th, according to on-chain analyst Ai Yi (@ai_9684xtpa), the pump.fun team has transferred funds to Squads Vault's "Token Admin" address.

In addition, there are:

- 185 addresses with a balance of over 1 million USD;

- 121 addresses with a balance of 500,000 USD or more;

Regarding the composition of the transfers, USDC accounts for 97%, while USDT accounts for only about 3%.