How have $PUMP public sale buyers positioned since the sale? Of 10,145 buyers who purchased 150B tokens at $0.004 (15% of supply): 1,692 (16.7%) still holding 5,156 (50.8%) transferred 2,995 (29.5%) sold on DEX 302 (3.0%) acquired more Most transfers likely went to exchanges for selling. Combined with DEX sales, ~80% have exited or are positioned to exit. Taking 65% gains at $0.0065 was rational given unlimited ICO size without lockups. Key question: does $0.004 act as natural support from new buyers, or psychological resistance as remaining holders capitulate below their entry? *Data excludes 18% institutional allocation
h/t @Adam_Tehc for the clean data🫡
"Key question: does $0.004 act as natural support from new buyers, or psychological resistance as remaining holders capitulate below their entry?" Looks like we're about to find out...
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