Wu learned that according to @ defioasis data analysis, Pump Fun generated a total net profit of approximately $3.807 billion for traders trading tokens issued by Pump Fun, which may be the core factor supporting Pump Fun's valuation of $4 billion. After filtering out dust addresses and one-sided trading addresses, a total of 5.593 million traders participated in the token trading issued by Pump Fun, of which 620 addresses profited over $1 million, approximately one in ten thousand; 29.4% of the total user addresses achieved profitability, with a profit range of $0-1000 accounting for 21.9%; Meanwhile, the range of losses from 0 to 1000 US dollars is the widest, with 3534851 addresses, accounting for 63.2%; 148 addresses have incurred losses exceeding $1 million. By estimating the median of each interval, it was found that Pump Fun brought $3.807 billion in realized profits to traders through its new token issuance. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=44287