On the Eve of the Pump.fun Airdrop, Approximately 2 Billion PUMP Tokens Suspected to Have Flowed Back from an Exchange to the Project Team’s Address
According to ChainCatcher, on-chain analyst AiYi (@ai_9684xtpa) has monitored that approximately 2 billion PUMP tokens have allegedly been transferred from a certain exchange's hot wallet back to an address associated with the project team. After being deposited into the exchange a week ago, these tokens were moved to an address starting with 9SnqX, and about half an hour ago, they were transferred back in batches from that address.The analyst noted that tomorrow is the scheduled date for the airdrop distribution.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Zenix Robotics Invests 5.08 Billion Won to Expand Production Capacity
Anthropic (ANT.US) targets IPO at trillion-dollar valuation; venture capitalists warn it may signal the peak of the AI market
Venture capitalist Selby warns that Anthropic’s trillion-dollar valuation IPO could signal the peak of the AI market, and the expiration of the lock-up period may trigger a chain reaction of corrections.
Wall Street's "Great Rotation" Underway: AI Trading Fades, Tech Stocks Out of Favor, Capital Flows Shift to Defensive Sectors
Analysts point out that as investors shift their bets from high-risk technology sectors to defensive stocks, the market is currently in a "state of alert".
Barrick Gold (ABGC.US) applies for U.S. IPO, aiming to raise up to 6 billion dollars
American Barrick Gold has submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC).
Crypto prices
More
