60% of $Pump Token Presale Investors Have Dumped Their Holdings – Here’s What Happened

Mass Exodus: 6,042 Wallets Liquidate $Pump Tokens Post-Launch

Data from BitMEX reveals a stark reality: 59.6% of the 10,145 wallets that participated in $Pump’s $448.5 million presale have already sold or transferred their tokens. Only 37.4% are holding, while a tiny 3% (312 wallets) increased their positions. This "pump-and-dump" pattern mirrors typical post-ICO behavior, but the scale here is staggering given the token’s $4 billion fully diluted valuation at launch.

Price Volatility: From All-Time High to 55% Crash

After hitting $0.01214 initially, $Pump plunged 55% to $0.005325 within days. Analysts attribute this to derivatives market hedging and profit-taking. "Tokens with high unlock rates often face sell pressure from short-term traders," noted a BTCC market strategist. TradingView charts show the token remains 17.74% down over 24 hours as of July 17, 2025.

Behind the Numbers: Pump.fun’s Revenue Decline

The platform behind $Pump saw monthly trading volume drop from $11.6B in January to $3.65B in June. Competitor LetsBonk is now generating double Pump.fun’s weekly revenue. While Pump.fun boasts a 9.6x P/E ratio (higher than LetsBonk’s 5.4x), it pales against Raydium’s 65x – suggesting investors may be reevaluating its growth potential.

Token Distribution Mystery

Only 12.5% of the planned 15% public sale allocation reached investors. The unexplained 2.5% gap has sparked community speculation, though Pump.fun’s vague "bright future" tweet did little to clarify. CoinGlass data indicates institutional investors may be holding their 18% private sale allotment.

FAQ: Your $Pump Questions Answered

What percentage of $Pump presale investors sold?

59.6% of the 10,145 participating wallets liquidated within a week.

Which exchanges list $Pump?

BTCC, Binance, Bybit, Kraken, and Gate.io offer spot and perpetual trading.

Why is Pump.fun’s revenue important?

As the token’s utility platform, declining revenue could negatively impact $Pump’s long-term valuation.