PUMP private-round wallet sells 1B tokens for $1.36M profit, a 34% return
- —Wallet invested $4 million in PUMP's private round at $0.004
- —All 1 billion PUMP moved to Coinbase Prime at $0.0054
- —Sale generated $1.36 million profit, a 34% return
- —Transfer took place roughly 5 hours before the report
Why it matters: A major private-round investor cashing out profit could add selling pressure on PUMP.
Source: PANews