Investors from Pump.Fun (Pump) Memecoin’s private sale have begun broadcasting billions of tokens in exchange, raising concerns about the possibility of a sale as the token price is below the initial sales value.
Blockchain analytics firm LookonChain reported that two early supporters of Memocoin, identified at Solkan as “Pump Top Fund 1” and “Pump Top Fund 2,” sent over $160 million to the pump token for a centralized exchange.
$Pump Prices fell below the private/public selling price of $0.004.
“Pump Top Fund 1” spent 100m $ usdc I’m buying 25B $Pump $0.004 for private sale.
So far, he has left 17b $PumpExchange via ($89.5 million) #falconx Still keeping 8b $Pump($29.58m).“Pump Top Fund… pic.twitter.com/xibwuacoxz
– lookonchain (@lookonchain) July 22, 2025
Pump Crypto Private Sale Whale sends pumps worth millions of dollars.
During the private sale, Top Fund 1 Wallet purchased 25 billion tokens at USDC for $100 million. Last week, the wallet had deposited 17 billion tokens, valued at around $90 million and is being exchanged. Despite this offload, the wallet still holds tokens worth around $29.5 million.
The second wallet acquired 12.5 billion tokens for $50 million during a private sale, then swapped and offloaded the entire $71 million stash.
The pump token showed signs of bullishness shortly after its launch, but is affected by the high unlock rate. According to Coingecko data, the token value fell to a record low of $0.003642 today (July 22), down 46.5% from its record high since its launch on July 15, down 32%.
The current price also shows a 7% decrease compared to the pre-selling price of $0.004. In other words, pre-selling investors who have not yet sold tokens face unrealized losses.
At this time, it is unclear whether the Pump Crypto whales are planning to dump the $90 million worth of tokens that they have moved to replace. Typically, this is what you would expect to see large deposits of assets begin to take place in exchange.
Discover: Next 1000x ciphers: 10+ crypto tokens that can hit 1000X in 2025
Pump.Fun investors had high hopes after a record $500 million ICO sold out in 12 minutes
The future of capital formation is happening in Solana.
$600 million was raised in 12 minutes.
Zero bunker.
While Wall Street is closed.Let’s break down what happened with the pump raise. pic.twitter.com/i4e5chrkmb
– Solana (@solana) July 15th, 2025
On July 13th, Pump.Fun raised nearly $500 million from Solana from Pump Token’s first coin product (ICO) and sold out in just 12 minutes. However, participants seem to want to offload their tokens after the pre-sale.
Four days later, on July 17, Bitmex shared on-chain data, indicating that almost 60% of pre-pump participants had exchanged or sold or transferred to their tokens to other wallets. At the time, 37.4% of pre-sale participants held tokens, but only 3% continued to increase their holdings.
Bitmex analysts said that post-lock after seeing the price of the pump is surprising given the high unlock rate, highlighting that a large float could create considerable downward pressure in the derivatives market.
Meanwhile, the broader memocoin sector is beginning to show signs of slowing down. Coingecko’s data shows that Memecoins’ overall market capitalization peaked at $87 billion on July 21, a 58% increase from the value of $55 billion on June 30.
This followed, however, on July 22nd, the $81 billion low fell rapidly. At the time of writing, the Memecoin sector currently has a market capitalization of $82 billion, according to Coingecko.
(sauce))
Pre-sale investors are sitting underwater and there aren’t many positive posts where pumps can be found across social media as many people are surrendering due to losses. The majority of X’s $pump tags are bearish charts from traders and analysts, all wanting to be low.
The pump is currently trading at around $0.0037, and many believe that it will be the next level where $0.003 is lost. There is little communication from the pump and there is a call for $0.001 at the bottom of the pump. Hun Teams are on the roadmap for tokens or expected airdrops, but prices appear to be in free falls.
One of the Crypto Trader, who goes by the name @benjiganar, laid out an idea about how the pump will unfold from here. The X post is:
“We’ve mentioned many times that Bearish $Pump’s Toknomics (now), pre-sale buyers are underwater.
Believe it or not, this is one of the scathing explanatory pieces about Pump Crypto, which many call it a complete scam and pure liquid extraction from the Pump.Fun team.
But one thing to note is that historically, hate gatherings have produced some of the most parabolic movements. In 2021, Filecoin (FIL) was constantly destroyed online, and only steamers were called before bringing out nearly 900% movement.
Recently, high lipids (hype) have had a considerable amount of negative emotions surrounding it, producing more than 400% returns from the decline as many fell below $10, and quickly generating themselves as the main player in the L1/distributed exchange sector.
Such a move should serve as a warning to those who believe that pumping codes will be zero. Teams are free to use a significant amount of capital to design chart reversals. Buybacks, bullish roadmap announcements, and anticipated airdrop timelines are everything that could change the tide of the pump.
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