A private investor known as "GpCfmw" has sold a significant portion of his $PUMP holdings at a loss after an 8-month hold. Initially purchasing 4.75 billion $PUMP tokens for $19 million during a private sale, the investor has offloaded 2.66 billion tokens over the past five days, realizing $5.16 million. Despite the sale, he retains 2.09 billion $PUMP, valued at $3.55 million, resulting in an estimated total loss of $10.3 million.