On July 26, according to on-chain data analyst Yu Jin's monitoring, the largest PUMP institutional private placement address transferred the final 8 billion PUMP tokens (approximately $20.11 million) to FalconX 8 hours ago, completing the entire sale of its private placement and earning $8.2 million in profits.
It is reported that this address used 100 million USDC to participate in the institutional round private placement of pump.fun, obtaining 25 billion PUMP tokens (with the same price as the public offering and no lock-up period), making it the largest institutional private placement address. Starting from the 16th, this address gradually transferred PUMP tokens to FalconX and cleared them out in the early morning today. The average transfer price was around $0.0043, realizing a profit of $8.2 million.
