On-chain data shows that two major Fartcoin whales liquidated a combined total of 4.75 million Fartcoin, valued at approximately 6.07 million dollars, to acquire over 1.04 billion PUMP tokens in the last 24 hours.
The first whale offloaded 2.75 million Fartcoin (valued at 3.52 million dollars) in exchange for 598.57 million PUMP. Despite the liquidation, this whale still retains around 800,000 Fartcoin tokens, currently valued at 1.02 million dollars.
Another large whale moved 2 million Fartcoin (approximately 2.55 million dollars) to buy 440.77 million PUMP, reflecting aggressive accumulation following the full market debut of PUMP.
The whale migration occurs just after Pump.fun announced a resounding success with its public sale of PUMP tokens. According to the data, investors snapped up all available tokens, approximately 12.5% of the total supply, in less than 12 minutes, raising the impressive figure of 500 million dollars.
The team confirmed that buyers would receive their tokens within 48 to 72 hours, initially non-transferable to avoid a massive sell-off. However, the momentum was maintained and, within two days, PUMP appeared on major centralized exchange platforms, opening the doors to broader trading.
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