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65 Greed
Markets MEXC Bullish

Whales accumulate about $3.58 million in PUMP tokens

Whales accumulate about $3.58 million in PUMP tokens Image: U.Today
Image via U.Today.

Two large wallets moved about $3.58 million worth of PUMP tokens. Wallet Netherlol bought 383.34 million PUMP, worth about $2.4 million, its first PUMP purchase in more than a year. A new wallet, GnZqfY, withdrew 189.22 million PUMP from MEXC. Together, the moves involved 572.56 million tokens. PUMP rose 15% to $0.006369 on October 4. The token also traded near $0.006426, up 17.5% in 24 hours.

Key points

  1. Two large wallets accumulated a combined 572.56 million PUMP tokens worth roughly $3.58 million.
  2. Wallet Netherlol bought 383.34 million PUMP, worth about $2.4 million, its first PUMP purchase in more than a year.
  3. A new wallet, GnZqfY, withdrew 189.22 million PUMP tokens from MEXC.

Why it matters

Large wallet moves involved 572.56 million PUMP tokens. The reports cite open interest at $669.62 million to $672.28 million and 24-hour liquidations, figures traders watch for PUMP liquidity and derivatives activity.

What's unclear

The reported 24-hour PUMP price gain differs, at 15% and 17.5%, with prices of $0.006369 and $0.006426.
Whether the whale purchases caused the price move is not established.

Sources · 3 publishers

U.Today Tier 2 First report
Crypto Whales Scoop Up $3.6 Million in PUMP
CoinGape Tier 2
PUMP Coin Price Surges 15% as Whales Accumulate: How High Can PUMP Go?
Blockonomi Tier 3
PUMP Coin Price Gains 15% as Whales Move $3.58 Million in Tokens

Coverage timeline

  1. First reported by U.Today
  2. Confirmed by CoinGape
  3. CryptoVideos brief published
How this brief was made. Our system found this event in 3 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error

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