According to the monitoring of on-chain analyst Yu Jin, the largest PUMP institution private placement address transferred the last 8 billion PUMPs (US$20.11 million) to FalconX 8 hours ago, completing the sale of all his private placement PUMPs and making a profit of US$8.2 million.

This address used 100 million USDC to participate in the institutional private placement of pump.fun, and obtained 25 billion PUMPs, which were priced the same as the public offering for retail investors and were not locked. It was the largest institutional private placement address. This address began to transfer PUMPs to FalconX from the 16th and was cleared in the early hours of this morning. The average transfer price was about 0.0043 US dollars, and a profit of 8.2 million US dollars was realized.