PUMP Private Investors Move $160M in Tokens to Exchanges: Token Crashes 14%

  • TL;DR Private-sale whales deposited 29.5 billion PUMP tokens (worth $160 million) onto exchanges, triggering a 14% price crash in 24 hours. The zero-vesting launch unleashed unlimited sellable supply, sending the token down 32% since July 15 and beneath its $0.004 ICO price.