PANews reported on February 22 that, according to Onchain Lens monitoring, the wallet address "77DsB" associated with @Pumpfun has sold all 3.75 billion $PUMP tokens it holds for $0.0021, making a profit of $8.02 million.

Another wallet, “GpCfm,” also associated with @Pumpfun, transferred 1.21 billion $PUMP (worth $2.57 million) to the Bitget exchange. The wallet currently holds 3.54 billion $PUMP (worth $7.4 million).