Smart whales are selling PUMP that they bought two months ago to lock in big profits. Specifically, wallet 6AkVuG sold 466.74 million PUMP (~3.27 million USD) six hours ago, realizing a profit of 1.96 million USD, equivalent to an increase of 149%.
Similarly, the wallet 58teLV sold 272.24 million PUMP (~1.95 million USD) about 11 hours ago, realizing a profit of 1.16 million USD, an increase of 133%. These large transactions indicate that early investors are taking advantage of the recent price surge to lock in profits, which may create short-term selling pressure.
Monitoring the activity of whales like this is very important to understand market movements and anticipate upcoming PUMP price fluctuations.
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