Main to remember
- Pump.fun transferred $ 30 million to a buyout address.
- $ Pump has climbed the team’s move, briefly over $ bonk.
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Pump, the newly launched token from Funchpad Pump fun.
The rally has briefly pushed the PUMP market capitalization to $ 2.4 billion, exceeding Bonk. However, at the time of writing, Bonk found his lead, according to Coingecko data.
The chain data followed by Lookonchain show that Pump.fun recently transferred 187,770 Solana (ground) worth more than $ 30 million to an designated buyout address. From this, the team sold 118,351 soil to buy nearly 3 billion pumps at an average price of $ 0.0064.
Pumpfun (@Pumpdotfun) prepared 187,770 $ Soil($ 30.6 million) costs to buy to buy $ Pump.
Until now, the buyout portfolio has spent 118,351 $ Soil($ 19.26 million) to buy 2.99b $ Pump at an average price of $ 0.0064. pic.twitter.com/3chmjzkpsj
– Lookonchain (@lookonchain) July 16, 2025
After an ICO during the weekend which collected $ 500 million, Pump.
A wide variety of exchanges now offer punctual trading and pump deposits, including Coinbase, Bybit, Mexc, Bitget, Gate, Kucoin and Hyperliquid, the latter offering up to 5x lever on perpetual contracts.
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