Pump.fun’s USDC transfers involve routine treasury management, not a massive off-ramp. The co-founder clarified that over $436 million in stablecoins from the PUMP ICO were simply redistributed to internal wallets for business reinvestment, countering misinformation from blockchain analytics reports. Pump.fun co-founder Sapijiju denied any selling activity, emphasizing the moves as standard treasury operations. Transfers totaled […]