The Pump.fun team and investors unlocked 4.94 billion PUMP tokens, worth approximately $13.6 million, and transferred them to 125 wallets

BlockBeats News, August 15th. According to EmberCN, the Pump.fun team and investor tokens completed their monthly unlock 5 hours ago, releasing a total of 4.94 billion PUMP tokens worth approximately $13.6 million.

The data shows that the unlocked tokens were then distributed to 125 wallet addresses. It is currently unclear whether the associated wallets are involved in market selling, but large-scale unlocks typically increase short-term circulating supply pressure. The market will be watching for the subsequent fund movements.