BlockBeats News, July 26 — According to on-chain data analyst Yujin, the largest institutional private placement address for PUMP transferred its remaining 8 billion PUMP tokens (worth approximately $20.11 million) to FalconX eight hours ago, completing the full sale of its privately acquired PUMP and securing a profit of $8.2 million.
Reportedly, this address participated in the institutional round of pump.fun’s private placement with 100 million USDC, acquiring 25 billion PUMP tokens (at the same price as the public sale, with no lock-up period), making it the largest institutional private placement address. Since the 16th, this address has been gradually transferring PUMP to FalconX, and cleared out its holdings early this morning. The average transfer price was about $0.0043, resulting in a profit of $8.2 million.