3 wallets transferred a cumulative ~1.458 billion PUMP to Coinbase Prime
Original headline3 个钱包向 Coinbase Prime 转入累计约 14.58 亿枚 PUMP
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Three Pump.fun team or early-investor wallets transferred roughly 1.458 billion PUMP tokens, worth about $5.01 million, to Coinbase Prime on November 14, according to on-chain monitoring by Ember. The wallets hold a combined 70 billion PUMP allocation that has been unlocking since July, and last month a similar 1.458 billion PUMP tranche was moved to Coinbase Prime when it was valued at about $7.58 million. The repeat transfers suggest the recipients are steadily realizing unlocked tokens rather than holding, and the drop in dollar value between tranches reflects weaker PUMP pricing month over month. Traders will watch whether the monthly unlock-and-deposit pattern continues and whether Coinbase Prime inflows precede further selling pressure on PUMP.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
PUMP, Coinbase Prime, Pump.fun, 余烬