Three wallets linked to the Pump.fun team or early investors transferred 1.458 billion PUMP tokens, valued at approximately $7.58 million, to Coinbase Prime five hours ago. The transfer represents the entirety of this month's token unlock for these addresses.
The three wallets hold a combined allocation of 70 billion PUMP tokens with vesting schedules that began unlocking in July. This latest movement to Coinbase Prime coincides directly with the scheduled monthly release of tokens for these holders.
Pump.fun Wallets Transfer 1.46B PUMP Tokens to Coinbase Prime
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