CoinVoice has recently learned that, according to on-chain analyst Ai Yi (@ai_9684xtpa), the Pump.fun project associated address has deposited 2 billion PUMP to Binance. The address '58WQi...gv33E' previously received 12.5 million PUMP from the project party, of which 25 billion are suspected to be used for Wintermute market making, 8 billion deposited into Bybit, and another 2 billion deposited into Binance, valued at 12.75 million USD.
Currently, Binance's support for PUMP is limited to Alpha and contracts. According to Ai Yi's analysis, this deposit behavior may correspond to the following possibilities:
PUMP is about to have an airdrop or other activities on Alpha;
PUMP is about to be listed on the Binance main site spot market;
This operation is solely for confusion.[Original link]
