According to on-chain data, a significant PUMP Token holder recently completed a large-scale selling operation. This Address originally held 25 billion PUMP Tokens, making it one of the project's largest institutional private sale investors. Starting from July 16, this Address gradually transferred PUMP Tokens to the FalconX platform.

In the past 8 hours, the last batch of 8 billion PUMP tokens (worth approximately $20.11 million) was transferred to FalconX, marking the complete liquidation of the holder's PUMP position at this address. Throughout the sale, this investor realized a profit of around $8.2 million.

It is worth noting that this investment initially used 100 million USDC to participate in the pump.fun project's institutional round private sale. Interestingly, the Token price obtained by institutional investors is the same as the public sale price offered to retail investors, and there are no lock-up period restrictions.

The average price of this large-scale sell-off is approximately $0.0043 per Token. This action has attracted wide attention in the cryptocurrency market and may impact the short-term price trend of PUMP Token. Market participants are closely monitoring the potential chain reaction that this move could bring.

This event once again highlights the high volatility of the cryptocurrency market and the potential impact of large investors' behavior on the market. Investors need to fully consider market risks and make prudent decisions when participating in related projects.