Whales accumulate 4.2B PUMP tokens, fueling a 9.86% price rise. A breakout signals potential for a 135% rally toward $0.0095.
The PUMP token is showing signs of a strong recovery, driven by whale accumulation and a confirmed breakout from its descending channel. Over the past 24 hours, whales have accumulated more than 4.2 billion PUMP tokens, signaling a shift in market sentiment.
This increased buying pressure has led to a rise in PUMP’s price, with a 9.86% increase in the last 24 hours. As a result, the token’s price outlook is now pointing toward a potential 135% rally, with technical indicators supporting this trend.
PUMP Breaks Above Descending Channel, Eyes 135% Rally
PUMP has recently broken above its descending channel, signaling a shift in market momentum.
The price currently sits at $0.00404, a 9.86% increase in the past day. This breakout suggests that the bearish trend may be ending and a new upward trend is forming. Traders are now looking at key resistance levels for signs of further movement.
The next significant resistance for PUMP is near $0.0053. A close above this level could set the stage for further gains toward $0.0075 and $0.0095. This price movement would represent a 135% rally from its current level.
With growing liquidity around the $0.0045–$0.005 level, the price could push higher in the coming days.
The Parabolic SAR indicator has also flipped below the price candles, signaling an end to the downtrend. This technical shift reinforces the idea that PUMP is moving toward a bullish phase. If these positive signals continue, PUMP could see substantial gains in the short term.
Whale Activity and $138 Million Buyback Initiative
Whale activity has played a major role in the token’s recent price movement.
A major wallet withdrew $2 million USDC from Kraken to buy over 500 million PUMP tokens. This purchase is one of the largest whale acquisitions this month, highlighting strong interest from large investors.
In addition, whales have collectively accumulated over 4.2 billion PUMP tokens in just 24 hours.
A whale withdrew $2M $USDC from #Kraken and bought 517.97M $PUMP at a price of $0.0039.
Address: BGSLvBb6Rn4r21skKtRyE8NPXvkmkbUdNtDqGhTDWTe5
Data @nansen_ai pic.twitter.com/2MuumP9gBn
— Onchain Lens (@OnchainLens) October 24, 2025
Pump.fun’s $138 million buyback initiative has also contributed to the price surge. The buyback program helped retire 3% of the circulating supply, reducing selling pressure. This move supports the bullish outlook by improving the token’s scarcity and reinforcing demand.
The average buyback price of $0.0064 now acts as a key resistance level. Investors may look to realize profits if PUMP reaches this price level. However, if the buyback momentum continues, PUMP could maintain its upward trajectory toward the $0.0095 target.
Strong Market Outlook for PUMP
The memecoin’s price outlook remains strong, supported by whale participation and buyback initiatives.
If the current accumulation continues, the price may stabilize above $0.0055. With growing investor confidence and positive technical indicators, the token is expected to see more upside potential.
As more whales accumulate tokens and buyback programs reduce the supply, PUMP is positioned for growth. The token’s recovery could extend toward its $0.0095 target in the short term. If this momentum holds, PUMP’s market recovery will likely continue well into the future.