The pump.fun project team transferred 405 million USDC to an exchange within a week.
According to ChainCatcher, on-chain analyst Yujin has monitored that the pump.fun project team address transferred 405 million USDC to a certain exchange in the past week.
During the same period, 466 million USDC was transferred from a certain exchange to Circle. These funds were obtained by pump.fun in June through a private institutional sale of PUMP at a price of $0.004.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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