PUMP Token Traders See Sharp Divide in Profitability, On-Chain Data Shows

Nearly half of PUMP token holders are currently in profit, while a slightly larger cohort faces steep losses, according to a September 12 analysis by Bubblemaps. The blockchain analytics platform revealed stark disparities in trader performance, with 130,000 wallets in the green and approximately 140,000 underwater.

At the upper echelon, 28 wallets have cleared over $1 million each, while a single trader—identified as Wintermute—raked in more than $10 million. The mid-tier shows 400 addresses with $100,000+ profits and 2,000 wallets surpassing $10,000 gains. Conversely, 9,000 traders suffered losses exceeding $1,000 each, with 343 individuals absorbing particularly severe drawdowns.

The data paints a classic crypto market dichotomy: early entrants and strategic traders captured outsized returns, while latecomers bore the brunt of volatility. Such extreme dispersion of outcomes underscores the high-risk, high-reward nature of speculative token trading.