According to Onchain data, a wallet linked to the memecoin launch platform PumpFun sold all of its $PUMP token holdings for $8.02 million. The average selling price of the $PUMP funds, which were converted to USDC, was $0.0021.
However, another PumpFun wallet linked to the developers conducted a sale of approximately $2.57 million worth of $PUMP tokens. This wallet currently holds 3.54 billion $PUMP tokens, worth $7.4 million.
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