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PUMP Token Drops 30% as Whale Exits $6.3M Worth of Holdings

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PUMP
$0.001944-2.36%
Pump.fun’s PUMP token fell 3.85% to $0.002754 on Dec. 13, according to Bijing.com. Whale movement saw a major seller offload $6.3 million in tokens, with over $5 million in losses. On-chain data confirmed the exit, while exchange inflows turned positive, hinting at rising selling pressure. The team’s $12.7 million buyback in December hasn’t reversed the downtrend. Stochastic RSI at 21 suggests an oversold condition.
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