PUMP private-placement address sells 1 billion tokens for $1.36 million profit at 34% return

  • E3M...9Cs transferred all 1 billion PUMP from its private placement to Coinbase Prime.
  • $1.36 million profit represented a 34% return from selling the private-placement PUMP.
  • The address paid $4 million last July for PUMP at a $0.004 private-placement price.

A PUMP institutional private-placement address, identified as E3M...9Cs, transferred all 1 billion tokens to Coinbase Prime (an institutional crypto trading and custody service) five hours earlier. The holdings were valued at $5.36 million at the time, with PUMP priced at $0.0054. The address had paid $4 million for the tokens last July at a private-placement price of $0.004, generating a reported $1.36 million profit and a 34% return through the sale. The transaction was tracked by on-chain analyst Ember and published by Odaily Planet Daily.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.