A certain institution that spent $100 million to participate in the private equity of PUMP sold the last 8 billion PUMP in the early morning, earning an overall profit of $8.2 million

According to a report by Golden Finance, as monitored by on chain data analyst Yu Jin, the largest private placement address for PUMP transferred the last 8 billion PUMPs (approximately $20.11 million) to FalconX 8 hours ago, completing the sale of all its private placement PUMPs and earning a profit of $8.2 million. It is reported that the address participated in pump.fun's institutional round of private placement with 100 million USDC and obtained 25 billion PUMPs (at the same price as the public offering and without lock up), making it the largest institutional private placement address. Starting from the 16th, the address will gradually transfer PUMP to FalconX and clear it early this morning. The average transfer price is about 0.0043 US dollars, achieving a profit of 8.2 million US dollars.