PUMP Token Shows Bullish Signals as Whales and Influencers Accumulate
PUMP token continues to exhibit strong bullish momentum, with on-chain data revealing significant accumulation by whales and influencers. The top 100 addresses now hold 948.08 billion tokens, a 0.28% increase in 24 hours, while public figure wallets surged 12.38% to 601.56 million PUMP. Whale holdings have grown 25.24% over the past week, signaling conviction in further upside.
Derivatives markets align with this optimism, with the long/short ratio holding above 1.05. The consistent buying pressure suggests traders are positioning for a potential 15% rally beyond the current $0.0035 consolidation level.