Whale Wallet recently started selling $PUNCH tokens with significant profits. Specifically, a Solana wallet named punchkun.sol began offloading its $PUNCH holdings after making a massive $2.5 million profit. According to data from Arkham Intelligence, increasing selling pressure around the $PUNCH token has led whales to sell their holdings. Therefore, this outlook is causing concern among market participants.
This guy is up $2.5 million in $PUNCH – now for sale
The three top accounts holding over $2.18 million in PUNCH are all interconnected and have already sold over $250,000 in PUNCH from their connected wallets.
Punchkun.sol bought almost 10% of PUNCH’s supply for just $8,000… pic.twitter.com/1Lt29u7ykl
— Arkham (@arkham) February 20, 2026
Whale wallet Punchkun.sol engages in $PUNCH sale after making a staggering $2.49 million profit
Market data shows that the whale wallet “punchkun.sol” has shown a notable change in behavior with the latest offload. Prior to this, the wallet was able to earn a total of $2.49 million in profits. This represents a staggering 61.35% increase in Whale Wallet’s total $PUNCH holdings. At the center of each spike is a sizable $PUNCH position containing 73.11 million tokens. This amount therefore represents a total valuation of nearly $2.24 million.
Nevertheless, whales have reportedly started offloading $PUNCH tokens, whether or not they are making such profits. Based on the data, the whale initially purchased almost 10% of the cumulative supply of $PUNCH, and the reward was only $8,000. Since then, that amount has grown to millions of dollars. In addition to $PUNCH, Whale Wallet also includes 3,102 wallets $SOL Worth up to $258,690.
At the same time, small amounts of $BELUCHAD, $TRILLIONS, and $USDC are also present in the whale wallet. on the other hand, $SOL The token soared 1.93%, with $PUNCH emerging as the driving force behind Whale’s real portfolio, surging 214.69% in value terms. However, the ongoing $PUNCH offload has raised concerns about the future trajectory of the token.
$250,000 $PUNCH sale raises concerns about future trajectory
According to Arkham Intelligence, Whale Wallet is already running a $250,000 $PUNCH token sale. In particular, $2.18 million in $PUNCH is held across multiple closely related accounts. Initially, Punchkun.sol transferred its $PUNCH holdings to hyperwynn.sol, which then transferred the amount to 7RSgC. In the end the amount moved to 69jy. This migratory chain is reported to be a coordinated whale activity. For now, whale wallets are with $PUNCH investors claiming the bulk of the profits, but the next decisions could determine whether this rally continues or if selling pressure prevails.
