Major Token Movement Signals Unlock Pressure: $7.58M Worth of PUMP Deposited into Coinbase Prime
On-chain data reveals three linked wallets transferred 1.458 billion PUMP tokens (worth ~$7.58M) to Coinbase Prime. These tokens are part of a large vested allocation, and the move signals that early participants may be preparing to offload their monthly unlocked portion, raising concerns about sell-side pressure.
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