Data: PUMP Falls Below Issue Price, Only 12.7% of Presale Buyers Still Hold Tokens

According to a report by Jinse Finance, on-chain analyst Spot On Chain (@spotonchain) has observed that the price of PUMP has fallen below its private sale price of $0.004, indicating poor market performance. Data shows that among 10,145 presale buyers, only 12.7% still hold the token, 31.6% have sold on decentralized exchanges, and 53% have transferred their tokens to new wallets or centralized exchanges. Notably, major investment institutions such as "PUMP Top Fund 1" and "PUMP Top Fund 2" have realized profits of 19% and 43% respectively, successfully cashing out. Meanwhile, other whale users like "8UHpWB," "9Ucygi," and "2WHL4X" are facing losses of around 7.7%. Machi Big Brother's 5x leveraged long position is facing an unrealized loss of $4.06 million. Over the past week, the Pumpfun fee account has used SOL to buy back approximately $19.81 million worth of PUMP tokens, but the pace of buybacks has slowed significantly.