Within seven hours, a single large investor withdrew over $1.6 million in PUMP tokens from Bybit and OKX, highlighting significant accumulation activity in this digital asset.
Blockchain analytics from Lookonchain show that a crypto whale withdrew 853.5 million PUMP tokens, valued at approximately $1.6 million, from Bybit and OKX over a seven-hour period. After these withdrawals, the whale’s total holdings reached 8.71 billion PUMP, worth around $16.4 million as of March 8, indicating strategic accumulation or confidence in the token.