Pump.fun Team's Two Associated Addresses Dump 4.96 Billion PUMP Tokens, Worth Over $10.5 Million

BlockBeats News, February 22nd, according to OnchainLens monitoring, the wallet "77DsB" associated with Pump.fun has sold all of its holdings of 3.75 billion PUMP for $8.02 million USDC, at an average price of $0.0021 per token.

Additionally, another wallet associated with Pump.fun, "GpCfm," has transferred 1.21 billion PUMP (approximately $2.57 million) to Bitget, and this wallet currently still holds 3.54 billion PUMP (approximately $7.4 million).

Address: GpCfmwsCgbPtymZTXa3Dixb4MeyxkUHfNHBq3vBAA6SA