$PUMP Token Crashes Below ICO Price as Private Sale #Whales Dump $160M


$PUMP private sale investors have sent over $160 million in tokens to exchanges as the #memecoin dropped below its initial offering price.


Two major wallets labeled "PUMP Top Fund 1" and "PUMP Top Fund 2" collectively dumped massive positions.


Top Fund 1 acquired 25 billion tokens for $100 million in a private sale, depositing 17 billion worth $90 million to exchanges.


The second wallet bought 12.5 billion tokens for $50 million, offloading the entire $71 million stash.


$PUMP hit an all-time low of $0.003642 Friday, down 46.5% from its peak and 32% since its July 15 launch.


The current price shows a 7% decrease from the $0.004 ICO price, meaning presale investors face unrealized losses.


BitMEX data reveals nearly 60% of #presale participants sold or transferred tokens after launch.


The broader #memecoin sector peaked at $87 billion Monday before dropping to $82 billion.

image
July 22, 2025 at 2:21 PM
145
6
1