Data: PUMP falls below the issue price, only 12.7% of presale buyers still hold tokens

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According to a report by Jinse Finance, on-chain analyst Spot On Chain (@spotonchain) has monitored that the PUMP price has fallen below the private sale price of $0.004, and market performance is poor. Data shows that among 10,145 presale buyers, only 12.7% still hold the tokens, 31.6% have sold on the DEX, and 53% have transferred the tokens to new Wallets or Centralized Exchanges. It is worth noting that large investment institutions such as PUMP Top Fund 1 and PUMP Top Fund 2 have made profits of 19% and 43% respectively, successfully cashing out. Meanwhile, other whale users like 8UHpWB, 9Ucygi, and 2WHL4X are facing losses of about 7.7%. Machi Big Brother's 5x leveraged long position is facing a floating loss of 4.06 million dollars. The Pumpfun fee account has repurchased approximately 19.81 million dollars worth of PUMP Tokens using SOL in the past week, but the repurchase speed has noticeably slowed down.

PUMP-1.15%
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