Pump.fun wallet-linked address sells 543.23M PUMP tokens for 1.207M USDC

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A wallet linked to Pump.fun sold 543.23 million PUMP tokens for 1.207 million USDC, according to ChainCatcher. The address had received 3.75 billion PUMP tokens, valued at $25.39 million, seven months ago. This move occurs amid shifting activity in the crypto market, with altcoins to watch displaying varied on-chain behavior.

ChainCatcher report: According to Onchain Lens monitoring, an address associated with a Pump.fun custodial wallet sold 5.4323 billion PUMP tokens approximately two hours ago, receiving 1.207 million USDC. The wallet originally received 37.5 billion PUMP tokens seven months ago, valued at $25.39 million.

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