According to Onchain Lens monitoring data from February 21, multiple addresses linked to the prominent Pump.fun project have been actively reducing their holdings over the past 48 hours. Statistics show that the team has sold a total of 3.376 billion PUMP tokens, exchanging them for stablecoins worth $7.23 million USD.
The associated addresses now hold only approximately 373.49 million PUMP tokens, which are estimated to be worth around $788,000 at current prices. This selling activity has sparked widespread discussion about changes in the team’s holdings and potential future developments.