On-chain data reveals the major transactions that are gaining attention in the cryptocurrency market.
Pumpfun continues to take over its own Altcoin, a Pump Token. The company purchased the pump by transferring $5.6 million worth of SOL to a new address. A total of $6.68 million worth of pumps were purchased through this address, of which $5.72 million was transferred to the team’s vault.
Additionally, the two newly created wallets have withdrawn a total of 10.98 million syrup worth approximately $5.4 million. It is believed that the transaction may be related to the same asset.
The long-dormant Crypto Whale deposited 1,383 ETH ($5.39 million) in the MEXC exchange after an eight-month hiatus. The investor initially withdraws 2,768 ETH ($6.45 million) and currently holds 1,384 ETH ($5.39 million). The total profit is estimated to be $4.32 million.
Another whale sold 11.1 billion pumps, won 21,763 SOLs ($3.79 million), depositing these assets in Vinance. The transaction earned approximately $362,000.
*This is not investment advice.
