Blockchain monitoring reports highlight that a whale address moved its entire 2.5 billion PUMP private-sale allocation to exchanges, signaling potential sell pressure and profit realization in the token market.
A whale or institutional address that purchased 2.5 billion PUMP tokens for $10 million in a private sale has transferred all tokens to exchanges, including 1.83 billion PUMP worth $14.35 million sent to OKX. The tokens, currently valued at $18.14 million, give the holder an unrealized profit of $8.14 million based on the purchase price of $0.004 per token. This development indicates a complete movement of the private-sale allocation to exchanges.