$PUMP Whale Buys 1.1B $PUMP for $8M USDC On-chain data show
_Wendy
Updated at: 4 hours ago
{"content":"$PUMP Whale Buys 1.1B $PUMP for $8M USDC
On-chain data shows that a whale has made a major move into $PUMP, spending $8M USDC to accumulate 1.1B tokens at an average price of $0.0072.
The transactions, visible on Solana explorers, indicate multiple swaps routed through market makers and bots, suggesting strategic execution to avoid slippage. This purchase adds significant buying pressure to $PUMP, which has already seen strong activity across CEXs and DEXs in recent weeks.
Such whale entries often serve as a confidence boost for retail investors, especially when the purchase is in the hundreds of millions of tokens. However, large holders also raise concerns about future selling pressure, as their profit-taking decisions can heavily impact price stability.
With $PUMP’s recent volatility and growing attention, the market will be closely watching whether this whale intends to hold long-term or trade short-term swings.
👉 Do you see this whale’s $8M bet on $PUMP as smart accumulation — or a risky overexposure?","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/20/30548f103a1f4ba0b7752c2a0a3e4f8f.png"],"tags":[],"tradingPairs":["USDC/USDT"],"quotearticleid":0}