đ¨ Crypto Gold Rush: Investors Flood PUMP Pre-Sale as Whales Secretly Brace for Market Carnage
The crypto market's latest frenzy hits fever pitch as retail traders pile into PUMP's historic pre-saleâwhile blockchain whales quietly short the entire sector.
Blood in the Water?
On-chain data shows institutional wallets accumulating stablecoins at levels last seen before the 2022 crash. Meanwhile, the PUMP project's marketing wallet mysteriously liquidated 50% of its holdings this morning.
The Retail Trap
Newbie investors chasing 1000x gains are ignoring three red flags: the founder's anonymous team, unaudited contracts, and that suspicious 40% 'marketing allocation' in the tokenomics.
Smart Money Moves
While Telegram groups hype this as 'the next BNB', savvy traders are loading up on put options for mid-Augustâjust after PUMP's vesting period ends. Because nothing pumps a coin like locked-up supply and exit liquidity from retail bagholders.
This isn't financial adviceâbut if you're still apeing into pre-sales in 2025, maybe stick to lottery tickets.

Terraâs $1.2 billion raise from LUNC currently holds third place, followed by UNUS SED LEO and bankrupt Celsius at $1 billion and $910 million, respectively.
Pump.fun has scheduled the PUMP token launch for July 12. The token will have a fixed supply of 1 trillion, with 33% allocated for its initial coin offering (ICO).
Of that, 18% will be distributed via a private sale to institutional investors. The remaining 15% will be sold to the public through exchanges like Kraken, KuCoin, and others.
Each token will be priced at $0.004 and have no vesting schedule, meaning all purchased tokens will be immediately available upon launch.
Market sentiments around the PUMP token
However, even before its official launch, the token has generated significant interest in the market.
According to CoinGlass data, pre-market perpetual contracts for the PUMP token have jumped by more than 300% to reach $346 million in volume, with $115 million in open interest.
This indicates strong investor anticipation about the yet-to-launch crypto token.
Despite this early excitement, there is growing skepticism from large crypto investors.
Onchain Lens, a blockchain data platform, reported that several crypto whales are betting against the tokenâs price by shorting PUMP ahead of its launch. These whales have deposited millions of dollars into the Hyperliquid platform, signaling a lack of confidence in the tokenâs long-term performance.
Whales anticipate that PUMP will follow the typical pattern of many Initial Coin Offerings (ICOs). This means they believe the token would experience an initial surge followed by sharp price declines.