PANews reported on July 17 that according to Cointelegraph, BitMEX data showed that in the Pump.fun initial coin offering (IC0), nearly 60% of pre-sale participants have sold or transferred tokens to centralized exchanges (CEX) or other wallets. Specifically, among the 10,145 participants, 6,042 wallets (59.6%) have sold or transferred tokens, 3,791 wallets (37.4%) continue to hold, and 312 wallets (3%) increased their holdings after a week.