2.9 billion PUMP dumped and exited
9 hours ago, three wallets sold all 2.9 billion PUMP at $0.00434, receiving 12.58 million USDC. The single sale was close to several percentage points of the circulating supply, instantly loosening the concentration of on-chain holdings.
The cost basis for these tokens was most likely below $0.003, so dumping them at the current price locks in profits. In the short term, $0.0045–$0.0048 will likely become a new resistance zone where buyers are trapped; any rebound to that range is an opportunity to reduce holdings. Fresh capital hasn’t kept up with the SOL ecosystem meme sector over the past couple of days, making PUMP more likely to test the $0.0040 level. If it breaks, the next target is $0.0037.
For those still holding PUMP, will you place a buy order at $0.0040, or get out first?
$PUMP $SOL $BTC
9 hours ago, three wallets sold all 2.9 billion PUMP at $0.00434, receiving 12.58 million USDC. The single sale was close to several percentage points of the circulating supply, instantly loosening the concentration of on-chain holdings.
The cost basis for these tokens was most likely below $0.003, so dumping them at the current price locks in profits. In the short term, $0.0045–$0.0048 will likely become a new resistance zone where buyers are trapped; any rebound to that range is an opportunity to reduce holdings. Fresh capital hasn’t kept up with the SOL ecosystem meme sector over the past couple of days, making PUMP more likely to test the $0.0040 level. If it breaks, the next target is $0.0037.
For those still holding PUMP, will you place a buy order at $0.0040, or get out first?
$PUMP $SOL $BTC