Public on-chain data from PUMP reflects a significant attraction among investors, as evidenced by the full utilization of the 500 million USD credit limit in just 12 minutes.
On-chain analysis shows a high concentration of large wallets participating in transactions, with USDC overwhelmingly dominating compared to USDT.
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The 500 million USD credit limit was disbursed in 12 minutes.
185 large wallet addresses with a maximum limit of 1 million USD each.
USDC accounts for 97% of the total value, USDT only about 3%.
How has the PUMP chain utilized the credit limit?
On-chain data shows that the entire 500 million USD credit limit was utilized in just 12 minutes, reflecting high liquidity and interest in this chain.
On-chain experts like Aunt Ai have noted that the speed of utilizing this limit is a positive sign for on-chain financial activity, demonstrating efficiency and optimization in cash flow. This also shows great appeal from institutional investors and individuals with substantial capital.
What is the scale and number of wallets participating in on-chain PUMP transactions?
Nearly 185 wallet addresses recorded a maximum limit of 1 million USD, of which 121 wallets have a minimum deposit of 50 thousand USD or more.
This indicates the presence of many large investors, facilitating abundant liquidity and a dynamic market. The substantial participation with high capital helps stabilize and strengthen the chain.
“The use of the 500 million USD credit limit in a short time demonstrates the strength of the PUMP chain in attracting capital flow and supporting large-scale transactions.”
Aunt Ai, on-chain analysis expert, July 2024
What is the proportion of Stablecoin USDC and USDT in on-chain PUMP?
USDC accounts for up to 97% of the total assets traded, while USDT is only about 3%, indicating a preference for using more reliable and transparent stablecoins.
This distribution aligns with global cryptocurrency market trends, as USDC is highly regarded for governance and compliance standards. This move reinforces investor confidence in the stability and safety of transactions.
“The dominance of USDC in transactions shows that the market is increasingly shifting towards stablecoins with higher standards, enhancing transparency and financial safety.”
Stablecoin market analysis, June 2024 report
Real-world examples of on-chain PUMP cash flow
Within 12 minutes after opening the credit limit, 185 large wallets nearly fully disbursed the entire amount of 500 million USD, demonstrating the chain's ability to process transactions quickly and efficiently.
This is supported by the figure of 121 wallets valued at 50 thousand USD or more, proving the diverse participation from investors ranging from medium to large scale.
Frequently Asked Questions
How much of the credit limit has the PUMP chain disbursed in a short time? The PUMP chain fully used the 500 million USD credit limit in just 12 minutes, demonstrating high liquidity and market appeal. How many large wallets participated in on-chain transactions? 185 large wallets with a maximum limit of 1 million USD, of which 121 wallets have deposits from 50 thousand USD or more. What is the proportion between USDC and USDT in on-chain PUMP? USDC accounts for 97% of total transactions, while USDT is only about 3%, showing a preference for choosing more stable stablecoins. What does the high use of USDC mean for investors? USDC is trusted for its transparency and safety, helping to enhance investor confidence and minimize financial risks. How reliable is the on-chain data from experts? The data is analyzed by reputable on-chain expert Aunt Ai, known for transparent and accurate reports.
Source: https://tintucbitcoin.com/pump-usdc-chiem-97-usdt-3/
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