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Eternal
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On-chain data has just recorded the relentless accumulation moves from a Super whale behind the token #pump
The relentless action of withdrawing assets from centralized exchanges shows this player's extremely aggressive ambition to acquire supply.
📊 Latest Hunting Move Details:
- In just the past 7 hours, this mysterious whale has continued to take action, withdrawing an additional 853.5 million PUMP equivalent to 1.6 million USD from major trading platforms to a personal wallet.
- With this round of ammunition loading, the total amount of PUMP tokens held by this big player has officially ballooned to 8.71 billion tokens.
- Based on current market prices, the treasure of PUMP held by this mysterious character is currently valued at 16.4 million USD.
💡 Perspective from the Tis channel:
- The fact that a whale is diligently withdrawing millions of dollars worth of tokens from the custody exchange shows that they have no intention of dumping in the short term. On the contrary, this is a classic move to drain the floating supply out of the market.
- When most tokens are locked in the cold wallet of whales, the price of PUMP will become extremely sensitive and easily pushed up high with just a small buying force.
What do you think about this persistent accumulation move? Is the mysterious whale preparing to trigger a super wave that drives the price as the token name suggests, or is this just a long-term accumulation phase?
Please leave a comment to share your perspective! 👇
This article is for reference only and does not constitute investment advice. Please read and consider carefully before making a decision.