Buy CryptoMarketsSpotFuturesGOLDEarnEvent Centre
More
According to onchain data, cryptocurrency developers have started selling off a large amount of an altcoin. Here are the details. Continue Reading: Developers According to onchain data, cryptocurrency developers have started selling off a large amount of an altcoin. Here are the details. Continue Reading: Developers

Developers Start Selling Large Amounts of a Surprise Altcoin

Author: Bitcoinsistemi
Source: Bitcoinsistemi
2026/02/22 20:30
1 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

According to Onchain data, a wallet linked to the memecoin launch platform PumpFun sold all of its PUMP token holdings for $8.02 million. The average selling price of the PUMP funds, which were converted to USDC, was $0.0021.

However, another PumpFun wallet linked to the developers conducted a sale of approximately $2.57 million worth of PUMP tokens. This wallet currently holds 3.54 billion PUMP tokens, worth $7.4 million.

Related News: Experienced Researcher Jordi Visser Explains the Real Reason Behind Bitcoin's Decline - “No One Wants to Admit It, But...”

According to the latest market data, the price of PUMP has fallen by approximately 2% in the last 24 hours. However, the token is currently trading 82% lower than its all-time high price level reached about 7 months ago. At that time, PumpFun gained incredible popularity, particularly with the rise in popularity of memecoin launches on the Solana network.

However, the platform has lost some of its former popularity, and the PUMP token has lost 15% of its value in the last month.

*This is not investment advice.

Continue Reading: Developers Start Selling Large Amounts of a Surprise Altcoin

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

MetaMask Looking to Roll Out In-Wallet Perpetuals Trading via Hyperliquid

MetaMask Looking to Roll Out In-Wallet Perpetuals Trading via Hyperliquid

MetaMask appears to be preparing a major update to its mobile wallet that could allow users to trade perpetual futures directly inside the app. Evidence from the project's public GitHub repositories shows that developers have been building and testing an integration with Hyperliquid, a decentralized exchange famous for its derivatives products.Visit Website
Share
The Crypto Basic2025/09/20 00:13
Tron Got Rejected at the Trendline and Is Now Rolling Toward Support – Key Level to Watch

Tron Got Rejected at the Trendline and Is Now Rolling Toward Support – Key Level to Watch

TRX/USDT is trading at $0.2810 on March 3, 2026, after failing to hold above its rising channel and facing rejection beneath descending resistance, with analysts
Share
Ethnews2026/03/03 22:06
MAXI DOGE Holders Diversify into $GGs for Fast-Growth 2025 Crypto Presale Opportunities

MAXI DOGE Holders Diversify into $GGs for Fast-Growth 2025 Crypto Presale Opportunities

Presale crypto tokens have become some of the most active areas in Web3, offering early access to projects that blend culture, finance, and technology. Investors are constantly searching for the best crypto presale to buy right now, comparing new token presales across different niches. MAXI DOGE has gained attention for its meme-driven energy, but early [...] The post MAXI DOGE Holders Diversify into $GGs for Fast-Growth 2025 Crypto Presale Opportunities appeared first on Blockonomi.
Share
Blockonomi2025/09/18 00:00