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An institution that spent 100 million U participating in the PUMP private sale sold the final 8 billion PUMP in the early morning, making a total profit of 8.2 million dollars.
BlockBeats News, July 26th, according to on-chain data analyst Yu Jin's monitoring, the largest PUMP institutional private placement address transferred the last 8 billion PUMP tokens (worth about $20.11 million) to FalconX 8 hours ago, completing the entire sale of their private placement PUMP tokens and making a profit of $8.2 million.
It is reported that this address used 100 million USDC to participate in pump.fun's institutional round private placement, receiving 250 billion PUMP tokens (at the same price as the public offering, also without lock-up), making it the largest institutional private placement address. Starting from the 16th, this address has been gradually transferring PUMP tokens to FalconX and cleared out early this morning. The average transfer price was about $0.0043, realizing a profit of $8.2 million.
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