Three wallets dump 2.9B PUMP tokens for $12.58M in USDC
- —2.9 billion PUMP tokens sold
- —Average sale price was $0.00434
- —Proceeds totaled about $12.58 million in USDC
- —The move was tracked by analytics platform Lookonchain
Why it matters: The large PUMP sell-off could add selling pressure on the token amid a broad market downturn.
Source: PANews