Whales Dump $39.6M in PUMP Tokens via FalconX Exchange Amid Market Slide

Two early investors in Pump.fun's PUMP token have liquidated 25.5 billion tokens, realizing $39.65 million in profits. The sales occurred as the meme coin's value dropped 31.4% over the past month.

The larger whale moved 13 billion PUMP through FalconX and multiple exchanges, netting $19.5 million at an average price of $0.0055. A second address sold its entire 12.5 billion token position for $20.15 million. Both investors participated in Pump.fun's private round, acquiring tokens at public sale prices without lock-up restrictions.

PUMP trades at $0.0043, down 3.6% in 24 hours, despite being one of Solana's most notable meme coin launches. The unconstrained exit of institutional backers raises questions about sustainable tokenomics in speculative crypto projects.