According to BitMEX data, nearly 60% of participants in the presale of the initial coin offering (ICO) Pump.fun have already sold or transferred their tokens to centralized exchanges or other wallets.
Referring to blockchain data, analysts from the cryptocurrency exchange reported that out of 107,145 participants in the PUMP presale, 6,042 wallets (59.6%) have already sold or transferred their tokens to centralized exchanges.
Meanwhile, 3,791 wallets (37.4%) continue to hold the cryptocurrency, while a small group of 312 wallets (3%) increased their holdings a week after the token launch.
After the presale, PUMP increased in price and reached an all-time high of $0.006812 on Wednesday, according to CoinGecko data. The next day, the token fell in price to $0.005468, representing a decrease in value of 19.1%.
At the same time, BitMEX analysts stated that PUMP has already exceeded their expectations. Despite a high unlocking percentage at launch, it still debuted at a price of $0.0056, which is 40% higher than its presale value.
Recall that the presale of PUMP became one of the most successful token launches in 2025. On Saturday, Pump.fun raised $500 million through an ICO, selling out tokens in just 12 minutes.
