Pump.fun team's associated address sold $7.23 million worth of PUMP in the past two days
BlockBeats News, February 21st, according to Onchain Lens monitoring, the Pump.fun team's associated address has sold 3.376 billion PUMP in the past two days, receiving 7.23 million USDC, and now holds only 373.49 million PUMP (about $788,000).
The Meme platform Pump.fun initiated a token pre-sale due to breach of trust, triggering a triple crisis of trust, market, and legality, causing it to rapidly fall from grace.