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PUMP Drops Below ICO Price as Private Sale Investors Send $160 Million to Exchanges

Private sale investors of the Pump.fun’s native PUMP token have transferred over $160 million worth of it to centralized exchanges, according to data from Lookonchain. Two major wallets, identified as “PUMP Top Fund 1” and “PUMP Top Fund 2,” were involved in these large token movements.  PUMP Top Fund 1, which bought 25 billion tokens for $100 million USDC during the private sale, sent 17 billion tokens valued at nearly $90 million to exchanges.…

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decrypt.co broke the news in New York, United States on Monday, July 21, 2025.
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