The latest information shows that only 12.7% of investors retained PUMP Token after the pre-sale, with the majority having sold or transferred to other wallets.
Analysis of Spot On Chain data shows that the actions of PUMP investors are very diverse, including whales spending tens of millions of USD to purchase Tokens and have made significant profits by depositing Tokens into centralized exchanges.
MAIN CONTENT
12.7% of pre-sale investors still hold PUMP Token, 31.6% have sold on DEX.
A whale bought 100 million USD worth of PUMP and has deposited 89.5 million USD into CEX, holding potential profits of 19 million USD.
A whale that bought 50 million USD worth of PUMP has transferred all Tokens to CEX, with estimated profits of 21.4 million USD (+43%).
How is PUMP Token held and traded after the pre-sale?
Spot On Chain data shows that 12.7% of the total 10,145 pre-sale PUMP investors still hold Tokens, while the majority have sold or transferred to other wallets, reflecting the diversity of investment strategies.
According to statistics on 23/7 from Spot On Chain, 31.6% of Tokens were sold on DEX to create high liquidity; 2.7% of investors chose to increase their position with PUMP; the remaining 53% transferred Tokens to new wallets or deposited on CEX for further sale. This indicates a clear differentiation in the behavior of PUMP cryptocurrency investors.
What strategies do whales that buy hundreds of millions of USD worth of PUMP have?
Large whales in the PUMP pre-sale tend to deposit Tokens into centralized exchanges to quickly profit and manage risks effectively.
The strategy of PUMP whales is to maximize the value of the Token by transferring a large portion to the exchange for trading, while retaining a portion of Tokens to take advantage of future price increases.
Cryptocurrency market analyst, Pham Minh Tuan, 07/2024
Specifically, the first whale spent 100 million USD to buy 25 billion PUMP and has deposited 17.1 billion Tokens worth 89.5 million USD on CEX via FalconX, while holding back 7.99 billion Tokens equivalent to about 29.5 million USD. Estimated potential profit reaches 19 million USD when sold.
The second whale invested 50 million USD to buy 12.5 billion PUMP and has also deposited the entire amount of Tokens worth 71.4 million USD on the exchange, achieving an estimated profit of about 21.4 million USD, equivalent to 43% growth.
What are the profits and impacts of whale trading behavior on the PUMP market?
The continuous depositing of Tokens by large whales onto CEX has formed significant selling pressure, immediately impacting the liquidity and price volatility of PUMP Token.
This action reflects the controlled profit-taking attitude of the large investment group, as trading data from July 2024 shows that profit growth over 40% confirms the effectiveness of timely Token transfers and the professional portfolio management of whales.
What lessons should individual users learn from this data?
The behavior of PUMP whales highlights the importance of risk management, diversifying holding/selling strategies in line with trends and personal financial goals.
Referring to accurate data from Spot On Chain and experts, users should carefully assess the timing of holding or trading cryptocurrency Tokens to optimize profits and limit excessive risks.
Frequently Asked Questions
What is PUMP Token and how valuable is it?
PUMP is a cryptocurrency Token issued through pre-sale, has high liquidity on DEX, and has significant interest from shark investors with diverse holding and trading strategies.
What is the retention rate of investors holding PUMP Token after the pre-sale?
About 12.7% of more than 10,000 pre-sale investors hold Tokens, the majority have transferred or sold Tokens in the market.
How do large whales investing in PUMP achieve profits?
Whales spending tens of millions to hundreds of millions of USD have profited between 19 million and 21.4 million USD, achieving over 40% growth after depositing Tokens on centralized exchanges.
How to effectively track and analyze Token trading activities?
Users should utilize platforms like Spot On Chain to update on-chain data, track whale behavior, and apply technical and fundamental analysis for accurate investment decisions.
How does the transfer of Tokens by whales to CEX affect the price of Tokens?
This activity often creates upward selling pressure, leading to significant price volatility, but it also opens up opportunities for profit-taking and reinvestment for smart investors.
Source: https://tintucbitcoin.com/pump-token-316-ban-dex-53-rut-vi/
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