Pump Fun has recently sold off a large amount again. After a month, they transferred another 50 million USDC from ICO sales to a major exchange 10 hours ago.
According to on-chain data, over the past month and a half since mid-November, this team has transferred a total of 605 million USDC to that exchange. The pace and scale of this sell-off are indeed noteworthy.
What’s even more heartbreaking is the token’s own performance — their institutional ICO price in June was $0.004 per token, and now it has dropped to $0.0018, a decline of 55%. From the combination of intensive insider selling and continuous price decline, the market’s outlook on this project does not seem optimistic.
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gas_fee_therapy
· 20h ago
Here is the translation:
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Same old trick again, the classic move before the team runs away
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55% decline and still疯狂出货, this is called vote with your feet
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6 billion USDC poured in, yet the price still drops, what does that mean? Nobody trusts them at all
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I just want to know how many people are still bottom-fishing
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Institutional pricing at $0.004, now $0.0018... hilarious, this is the reality of web3
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1.5 months, 6 billion shipped out, such a fast pace, aren't they afraid of crashing the market? Or do they simply not care
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Pump Fun, what a sarcastic name, now they're really pumping their own sell orders
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Look at this rhythm, the executive team has collectively started the countdown escape mode
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AlgoAlchemist
· 20h ago
Ha, this is pump fun, a perfect example of a team dumping and running away.
Over 600 million USDC poured into exchanges within a month. This pace is clearly not normal financing; it's obviously a way to harvest retail investors.
0.004 dropped to 0.0018, and when it broke 55% off its peak, they were still selling aggressively. Truly incredible.
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CryptoFortuneTeller
· 20h ago
It's only 55% now; I bet it'll break 70% next month.
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MetaverseLandlord
· 20h ago
600 million USDC poured into exchanges, breaking by 55%, this pace is really... a bit desperate
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Another "dump performance," executives are running away really fast
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$0.004 down to $0.0018, this is straight-up textbook level coin cutting
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Pump Fun, does this routine sound familiar? Throwing 600 million in a month, really treating us as fools
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Breaking by 55% and still疯狂出货, is this the final harvest?
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ICO at $0.004 now at $0.0018, how many people got caught in this?
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It's always like this, dump → break → dump, cycle repeats
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Looking at the scale of the dump and the price trend, unless there's a black swan later, it’s going to cool off
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50 million per turn, the team’s signal couldn’t be more obvious
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MevSandwich
· 20h ago
This is a typical prelude to a rug pull, smashing the market while dumping, old tricks indeed.
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Unbelievable, from 0.004 in June to 0.0018 now, the decline is really quite harsh.
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Over 600 million USDC transferred to exchanges? I've seen this move too many times, and the ending is always similar.
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Executives collectively selling off and still claiming to be optimistic about the project? Just for fun.
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Why do some people still believe in projects where even the executives are fleeing?
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Wait, this dumping speed... over 600 million USDC in a month and a half? My goodness.
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A 55% drop isn't the bottom; this thing still needs to be smashed further.
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Pump Fun's move this time is truly brilliant, openly showing you what it means to cut the leeks.
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So the people who are investing now are really brave, haha.
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What kind of project outlook is this? Clearly just a clearance sale.
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just_another_wallet
· 20h ago
Here we go again, the team is疯狂砸盘 and we're still接盘
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55% breakdown and still dare to say the project team has confidence? Laughing to death
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6 billion USDC thrown into exchanges, is this a跑路节奏?
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Institutional price dropped from four thousand to eighteen hundred, this buy and sell is really绝了
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Such a急出货节奏, do they know some内幕消息?
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Look at history, any project where高管这么干最后都没好下场
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The problem is, are there still people接底部? Haha
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The whole套路都烂大街了, remember this节奏 next time
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One and a half months six billion, averaging over one billion a week, they really want to清仓
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Wait, this is probably the reason why it最近跌得这么快
Pump Fun has recently sold off a large amount again. After a month, they transferred another 50 million USDC from ICO sales to a major exchange 10 hours ago.
According to on-chain data, over the past month and a half since mid-November, this team has transferred a total of 605 million USDC to that exchange. The pace and scale of this sell-off are indeed noteworthy.
What’s even more heartbreaking is the token’s own performance — their institutional ICO price in June was $0.004 per token, and now it has dropped to $0.0018, a decline of 55%. From the combination of intensive insider selling and continuous price decline, the market’s outlook on this project does not seem optimistic.