PUMP slips as on-chain data link team wallets to $7.23M sale

No confirmed $7.23M; latest confirmed on-chain sale about $4.55M

Claims that a Pump.fun-linked wallet sold $7.23 million of PUMP in the past two days remain unconfirmed. The most recent confirmed sale is 2.07 billion PUMP, about $4.55 million, as reported by Crypto-Economy.

A separate sale of 543.23 million PUMP for roughly $1.2 million, realized at a reported loss, was noted by AMBCrypto. These transactions are distinct and should not be conflated with the unverified $7.23 million figure.

No named analytics firm or major outlet has confirmed a $7.23 million disposal in the last 48 hours. Current assessments therefore focus on verifiable transfers and their market context.

Why this matters: PUMP on Solana, liquidity, and token overhang

For a Solana-based memecoin with concentrated holdings, large disposals can stress liquidity and widen spreads. Executed during fragile market conditions, such sales may deepen drawdowns and complicate price discovery.

Concerns persist about transparency and treasury practices after significant stablecoin movements to exchanges. Based on data from Lookonchain, Pump.fun transferred roughly 436.5 million USDC to Kraken over prior months, a flow that sharpened scrutiny of motives and governance.

Potential token overhang, from any remaining team-linked balances, can weigh on sentiment even without immediate sales. The risk is path-dependent and contingent on future on-chain behavior and liquidity depth.

At the time of this writing, PUMP is around 0.004905 with sentiment flagged as Bearish. Volatility is very high at approximately 19.80%, indicating wider expected ranges.

Momentum metrics are weak: RSI14 near 24.95 suggests oversold conditions, while spot trades below the 50-day and 200-day SMAs (0.008069 and 0.01427). Green sessions were 13 of the past 30.

On-chain analysis and verification steps

Verification typically centers on labeled wallets, transaction sequencing, and exchange inflow monitoring. Analysts compare reported amounts with token transfers, timestamps, and counterparties to avoid double counting. Cluster labels are cross-checked against prior interactions with Pump.fun infrastructure.

Editorial note: The following excerpt reflects a labeled observation used in recent monitoring of PUMP transfers. “According to blockchain analytics provider Onchain Lens, the address ’77DsB’ sold 2.07 billion PUMP tokens approximately nine hours before …” said Onchain Lens, a blockchain analytics provider.

Confirmed sales: 2.07B PUMP (~$4.55M) and 543.23M (~$1.2M)

Recent confirmed disposals include a 2.07 billion PUMP sale valued near $4.55 million and a 543.23 million PUMP sale around $1.2 million. These events contributed to elevated sell-side flow during the period.

Address attribution and labeling: what links wallets to Pump.fun

Attribution relies on analytics-provider labels, repeated interactions with Pump.fun contracts or infrastructure, and transfer paths consistent with operational wallets. Analysts also review exchange-bound flows temporally aligned with asset disposals for corroboration.

FAQ about Pump.fun team sale

Which wallet address is linked to the Pump.fun team and how is that attribution verified on-chain?

A labeled wallet that frequently interacts with Pump.fun. Verification relies on analytics labels, transaction sequencing, and observed exchange inflows linking those addresses to operational activity.

How did the reported sale affect PUMP price, liquidity, and trading volume?

Price softened around the sales, intraday volume clustered near the events, and liquidity thinned at key bids, followed by elevated volatility in subsequent sessions.