According to Onchain Lens, the wallet became active again after five months and still holds 3.48 billion PUMP valued at $7.36 million, with the Binance deposit drawing attention as a possible market-moving transfer.
Onchain Lens reported on May 11 that a large PUMP holder transferred 742.3 million PUMP worth $1.59 million to Binance, marking the wallet’s first activity in five months. The same wallet still holds 3.48 billion PUMP valued at about $7.36 million. In crypto markets, deposits to centralized exchanges such as Binance are often closely watched because they can signal an intent to sell, rebalance holdings, or reposition assets, although the transfer alone does not confirm the holder’s next move.