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The private placement address of PUMP institution is suspected to have cashed out more than 140 million US dollars, with a total profit of 39.65 million US dollars
Odaily News @EmberCN monitored that two addresses participating in the institutional private placement of PUMP were suspected to have completed liquidation in the past week, selling a total of 25.5 billion PUMP (worth approximately US$141 million) and accumulating profits of US$39.65 million.
Among them, address 1 participated in the institutional private placement round of pump.fun with 100 million USDC and obtained 25 billion PUMP (unlocked). In the past week, the address has transferred 13 billion PUMP (about 71.46 million US dollars) to FalconX, and further flowed into multiple centralized exchanges, with an average selling price of about 0.0055 US dollars, making a profit of 19.5 million US dollars.
Address 2 purchased 12.5 billion PUMPs with 50 million USDC, and recently transferred all of them to CEX. The average selling price was about US$0.0056, realizing a profit of US$20.15 million.
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