Pump member: Lookonchain's information regarding PUMP cash-out is completely wrong.

According to Odaily Planet Daily, Pump member Sapijiju posted on the X platform that the information released by Lookonchain is completely incorrect; the PUMP project team has not cashed out. The current transactions are part of PUMP's fund management; USDC from the PUMP ICO has been transferred to different wallets for reinvestment in business development. PUMP has never directly partnered with Circle.

Previously, it was reported that the pump.fun project address transferred 405 million USDC to Kraken in the past week. During the same period, 466 million USDC were transferred from Kraken to Circle.