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Home»Altcoins»Pump.fun buys the pump of $ 6.68 million to Sol Blitz – auction for the leadership of memes Solana?
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Pump.fun buys the pump of $ 6.68 million to Sol Blitz – auction for the leadership of memes Solana?

August 9, 2025No Comments
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Pump.fun, the solana samecoin launchpad, is under pressure while he blurs to defend his native token, the pump, from a steep drop. In order to stabilize its price, the team has aggressively bought the tokens using Sol, with one of its greatest acquisitions to date that seeks to be recorded.

On August 8, the Arkham chain tracker reported that Pump.fun had sent 33,000 soil to the portfolio he used for strategic buyouts. Is worth $ 5.6 million on the ground, the Launchpad seeks to buy around 1.77 billion pumps at the current market price.

The pump buys a pump

Pumpfun has just sent another $ 5.6 million soil to a new address where they buy the pump.

Until now, they have bought a pump of $ 6.68 million on this address and have sent $ 5.72 million to a Squads safe.

Address: 88uq8jnl6anwmow1og7vqd4hte73jpw8qsup77btf6ie pic.twitter.com/i2fs7yjddt

– Arkham (@arkham) August 8, 2025

In total, this portfolio has already bought a value of $ 6.68 million, of which $ 5.72 million has already moved into a safe.

The pump faces the pressure as prevented holders come out and the volume of trading decreases

The pump dive comes when the pressure rises from initiates and large supports unloading their tokens. A few hours before the recent buyout activity, another tool on a chain, Onchain Lens, reported a single portfolio which poured 1.11 billion pump chips, worth around $ 3.79 million.

The trade has won the seller a profit of $ 362,000, indicating the high challenges occurring behind the scenes. Prévente holders have also quickly reduced their exhibition.

Since July, almost 60% of their tokens have been sold, flooding the supply market. According to Lookonchain, an investor labeled “Whale 6WB5A2” recently reduced losses, discharging 130 million pumps for $ 424,700 in USDC at a price of $ 0.0033.

Whale 6WB5A2 cuts the losses 6 hours ago, selling 130 meters $ Pump For 424.7K $ USDC at $ 0.0033.

He had previously spent 4m $ USDC Buy 1B $ Pump in public sale and 1.25 m $ USDC Buy 305.68 m $ Pump at $ 0.0041.

It still has 1.17b $ Pump($ 3.92 million), with a loss of $ 898,000.… pic.twitter.com/tgr9regadd

– Lookonchain (@lookonchain) August 8, 2025

The whale previously spent $ 5.25 million over several purchases during public sale and still has around 1.17 billion pumps, with unrealed losses of around $ 898,000.

Pump.fun tried to counter this by introducing transparency in its economic strategy. On August 4, he launched a real -time dashboard allowing users to follow daily income and chip purchases.

Presentation of the Fun Pump Fun income dashboard 🔥

Pump Fun’s Daily Revenues & $ Pump Purchases can now be followed in real time using https://t.co/fxyctvuubj

In the last 6 days, Pump Fun bought ~ 8,740 soil $ PumpAssimining 102% of total income during this period. pic.twitter.com/xwxy85en7t

– Pump.fun (@pumpdotfun) August 4, 2025

In addition, in recent days, the platform has bought approximately 8,740 pump soil, effectively using more than 100% of its income during this section to support the price of the token.

At the time of writing the editorial staff, Pump is negotiated at $ 0.00,33,344, up 1.6% in the last 24 hours. It has experienced a price increase of 25.9% in the last seven days, surpassing the wider market of cryptography, which increased by around 6.1%.

However, the pump is down more than 50% compared to its summit of $ 0.006812 and is around 48% above its low price of $ 0.0022,283.

Source: Coingecko

The 24 -hour negotiation volume against the token fell to around 278 million dollars, a drop of 10.9% compared to the day before. This drop in activity, combined with coherent sales pressure, has raised questions about the question of whether the current buyout strategy can hold.

For the moment, Pump.fun seems determined to absorb the sale and reaffirm control.

Pump.fun launches the complete glass foundation in glass in the middle of the resurgence of the meme of Solana currency

Pump.fun recently introduced the Glass Full Foundation (GFF), a new initiative focused on providing liquidity support for promising projects within its ecosystem.

The Foundation should help stabilize the same rapidly evolving sector sector of the platform, with selected tokens receiving in progress capital injections to support the growth and activity of the market.

The launch of GFF follows an increase in the impetus of the platform. After dragging behind the rival letsbonk.fun for several weeks, Pump.

📊 @Pumpdotfun recovered the head from @letsBONKFUN In Solara activity, beyond the daily trading volume, revenues and tokens.#Solana #MeMecoins https://t.co/2t5wbqjzyv

– cryptonews.com (@cryptonews) August 6, 2025

Pump.fun recorded $ 144.5 million in a tokens volume that day, more than four times that of LetsBonk.Fun. The income has also increased, the platform pulling $ 1.38 million, well in advance of $ 282,000 from its competitor.

Pump.fun leads in a 24 -hour negotiation volume, generating nearly $ 144 million, compared to $ 19 million on letsbonk.fun. It also exceeds the graduations of tokens and the commitment of users.

According to Pump.fun, the Foundation has already started to deploy capital, the first beneficiaries receiving liquidity support. The objective, says the team, is to promote the most committed communities and to help extend the scope of the Solana ecosystem.

Source: Defillama

Despite its resurgence, the wider market of the pieces even shows signs of fatigue, as shown by the monthly income of Pump.fun. Turnover fell to a hollow in 2025 in July, generating only $ 24.96 million, a drop of 80% compared to its peak in January.

The post Pump.fun buys a pump of $ 6.68 million in Blitz sol – Encommon for Solana leadership? appeared first on Cryptonews.





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