I’ve been tracking the whale activity around PUMP and it’s starting to look more like a strategic slow exit than continued accumulation.
One specific whale just injected 4 billion PUMP into FalconX, valued at over 17 million USD. This is the same entity that earlier used 100 million USDC to scoop up 25 billion PUMP at a 0.004 average.
Over the last 5 days, they’ve already offloaded 13 billion PUMP — clearly sitting on strong profits, but the market’s reacting. When you factor in that their leveraged long position on both PUMP and LAUNCHCOIN is already down over 3.7 million USD, it starts to look like they’re trying to get out clean before the momentum dries up.
Personally, I think this recent memecoin frenzy might start cooling, especially with WLFI’s recent clarification. And while ETH shorts are still getting squeezed, chasing high-risk trades like these isn't something I’d recommend right now.
We’re also eyeing BTC closely — if it breaks above 118K with conviction, that could shift the entire narrative again. But until then, I’d stay cautious.
Let the dust settle before making any bold moves.
