PUMP's strong growth is thanks to whale accumulation, large-scale buybacks, reduced exchange supply, and high leverage, creating momentum towards the 0.0068 USD mark.
The upward momentum of PUMP is increasing due to active participation from whales, large buyback activities, reduced Token supply on exchanges, and high leverage; however, this trend could change quickly if the Funding Rate shifts.
MAIN CONTENT
PUMP rose more than 16.67% in 24 hours thanks to whale buying, large-scale Token buybacks, and reduced exchange supply.
The price increase is supported by a significant rise in Open Interest, positive Funding Rate, and technical momentum that has not yet reached overbought levels.
The target of 0.0068 USD may be achievable if demand and Funding Rate are maintained, but market factors can quickly reverse.
What is PUMP?
PUMP is the Token of the Pump.fun project, recently attracting attention due to its strong growth and prominent market activities such as buybacks and whale accumulation.
PUMP has attracted the attention of many analysts as its price surged 16.67% in the last 24 hours, trading around the 0.00404 USD mark due to the push from large investors and buyback activities.
Whales accumulated 2.3% of positions in PUMP, Smart Money wallets decreased by 5%, while celebrities sold 14.5%. Nansen, 13/8/2025, https://x.com/nansen_ai/status/1955554448346120228/photo/1
PUMP's appeal comes from a large buyback strategy that boosts investor sentiment, although some profit-taking has occurred, large capital flows continue to enter.
What highlights the recent growth momentum of PUMP?
PUMP's price increased by more than 16.67% in 24 hours thanks to whale buying, a total buyback of up to 30.65 million USD, and a significant reduction in Token supply.
According to Nansen data, the number of PUMP held by whales increased by an additional 2.3% while some other large wallets took the opportunity to sell or take profits. Notably, Pump.fun bought back 175.3 million PUMP as part of a total buyback plan of up to 7.66 billion Tokens worth up to 30.65 million USD, creating superior buying pressure in the market.
After the buyback, PUMP's price surged from 0.00355 USD to 0.00404 USD, signaling the formation of a new upward wave. Lookonchain, 13/8/2025, https://x.com/lookonchain/status/1955549908540510261/photo/1
The buyback effect alone has driven PUMP out of the long accumulation zone and is preparing to challenge higher resistance.
What does the breakout trend of PUMP reflect?
PUMP broke out of the accumulation zone for several weeks from 0.00290–0.00355 USD, signaling the start of a new uptrend on large volume.
At this time, the price is above the upper Bollinger Band, with the immediate resistance at 0.00468 USD. If a candle closes above this area, the next target at 0.00681 USD aligns with historical swing highs. According to the RSI indicator at 67.67, the market's buying pressure remains strong but has not exceeded overbought levels, leaving room for further increases.
PUMP breakout after a period of compressed volatility typically signals a prolonged upcycle with a potential retest of the 0.00419–0.00400 USD zone before confirming the next uptrend. TradingView data and market summary, 13/8/2025
Sustainable price increases are often accompanied by retests of the breakout zone; investors should closely monitor this price area to optimize their trading strategy.
How do Open Interest and exchange supply affect PUMP's price?
PUMP's Open Interest increased by 18.78% to 576.31 million USD, showing that leveraged positions are rising sharply; meanwhile, the amount of PUMP withdrawn from exchanges reached 917.5K USD just on 13/8.
A sudden increase in Open Interest often leads to both price volatility and high liquidation risk if the market reverses. The amount of Tokens withdrawn from exchanges often signals a strong upward price trend due to reduced asset supply while demand remains sustained.
Historically, significant outflows from exchanges often coincide with strong price increases due to rapidly shrinking supply. CoinGlass, 13/8/2025, https://www.coinglass.com/currencies/PUMP
At the same time, the increase in leveraged positions also raises the risk of a strong correction if the market reverses or a liquidation wave appears.
What role does the Funding Rate play in PUMP's uptrend?
Funding Rates on exchanges maintain a positive 0.007%, indicating that the Long side is still in control and confident about the price increase, even after recent strong uptrends.
The continuous maintenance of a positive Funding Rate, combined with whale accumulation and buybacks, is a sign that the bullish market is being strongly supported in terms of both cash flow and investor sentiment. However, a prolonged positive Funding Rate without a price increase often warns of a potentially overheated market, which may quickly reverse when cash flow shifts or buying power weakens.
Funding Rate reflects the balance of market sentiment; if the Funding Rate is positive but the price does not continue to rise, the risk of a correction will be much higher. Santiment, market summary, 13/8/2025, https://app.santiment.net/charts/76Q218ug__sCl
Therefore, investors need to closely monitor the Funding Rate and price movements to identify signs of reversal.
Can PUMP reach the 0.0068 USD mark?
The goal of 0.0068 USD is entirely feasible if demand is strong, the Funding Rate is stable, and bullish pillars (whales, buybacks, reduced supply, high leverage) are maintained.
According to technical analysis, a breakout above resistance and large capital inflows into PUMP are paving the way for expectations towards 0.0068 USD — a resistance level coinciding with previous peaks. However, any unusual changes in cash flow, Funding status, or market sentiment could quickly reverse the upward trend.
Investors should be cautious and consider risk management and adjust positions according to changes in Funding Rates, Outflow, and Open Interest to optimize profits and minimize risks.
Frequently Asked Questions
What is PUMP?
PUMP is the Token of the Pump.fun project, notable for its strong upward trend thanks to whale accumulation and many large-scale buyback activities.
Why has PUMP's price risen sharply recently?
The price increase is due to whale accumulation, project buyback activities, and a sharp reduction in Token supply on exchanges, combined with high market leverage.
What impact does a positive Funding Rate have on PUMP's trend?
A positive Funding Rate reflects that buyers (Long) dominate and investors are confident in the uptrend.
What are the risks of entering a PUMP position at this time?
The main risk lies in high leveraged positions and the potential for rapid price reversals if the Funding Rate changes or capital flows out.
What is the nearest target price for PUMP?
According to the data, the immediate target is 0.0068 USD, coinciding with previous peaks.
What impact does Pump.fun's buyback have on the market?
Large-scale buybacks reduce circulating supply, creating strong psychological momentum for continued price growth.
What should be noted when monitoring PUMP?
It is important to observe Outflow from exchanges, Funding Rates, and leveraged positions to timely adjust investment strategies.
Source: https://tintucbitcoin.com/pump-tang-manh-gia-sap-cham-dinh/
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