PUMP Tokens Hit Wallets Early—Trading Frenzy Looms as Launch Nears
Whispers of a pre-launch distribution surge as PUMP tokens land in wallets ahead of schedule. Is this strategic priming or just another crypto appetizer before the main course?
Behind the scenes: While the team stays silent, blockchain sleuths confirm tokens are moving—no official word on whether this is a test, airdrop, or just ‘early access’ for the lucky few.
The cynical take: Because nothing says ‘healthy market dynamics’ like pre-launch allocations to insiders. Stay sharp—these pumps don’t fuel themselves.
User burns 10M PUMP airdrop by mistake
Soon after the airdrop, on-chain data shows a total of 10.5M PUMP were burned. The biggest single burn came from the wallet of a whale recipient, who destroyed 10M PUMP valued at around $75,000.
Reportedly, the user launched a tool to burn airdropped tokens, hoping to clear spam assets.
The wallet is now dusted with SOL for tracking. Based on previous activity, the wallet was an occasional meme token trader on Solana, interacting with other whale wallets.
The account was later identified as @cryptocharming1, a Solana influencer and trader. The trader admitted he had been using the Axiom exchange tool to filter tokens, while not realizing the wallet received its PUMP allocation.
⌠ Accidentally burned $75K worth of $PUMP ⌡
Some CT bros have been farming engagement and running scams with my wallet address, so here’s the real deal straight from me:
Wallet: 4X43DmYRtzLcyv2YRhC8vaTeqB5BTL6jX7LDtzfz47aC
I was just minding my business using @AxiomExchange… pic.twitter.com/HIt2lHyHS4
— CryptoCharming 🐟 (@CryptoCharming1) July 14, 2025
The user burned a minimal part of the PUMP supply, though the event added to the HYPE around the token launch.
Whales flock to PUMP in expectation of official trading launch
PUMP is still getting its price from pre-market activity, including a Hyperliquid pair. PUMP currently recovered to $0.006, with highly volatile activity ahead of the official launch.
The PUMP market is still relatively illiquid and is closely watched for manipulation. The fast token presale signaled excessive demand, and the current markets are setting up expectations for rapid gains soon after the official pairs are listed.
Whale interest for PUMP has exploded on Hyperliquid. Previously, the exchange carried just five positions. After the presale, there are now 50 whales with a predominance of long positions, betting on a price rally in the initial hours of trading.
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