PANews reported on July 26 that according to on-chain analyst Yu Jin's monitoring, the largest $PUMP institutional private placement address transferred the last 8 billion $PUMP ($20.11 million) to FalconX 8 hours ago, completing the sale of all its private placement $PUMP, resulting in a profit of $8.2 million.
This address participated in the institutional round private placement of pump.fun with 100 million USDC, obtaining 25 billion PUMP (the price is the same as for the public offering aimed at retail investors, and it is also not locked), making it the largest institutional private placement address. Starting from the 16th, it gradually transferred PUMP to FalconX, clearing out by early this morning. The average transfer price was about $0.0043. This resulted in a profit of $8.2 million.
