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Boop.Fun leading the way with a new launchpad on Solana.
Pumpfun insiders dumped $160M of tokens in the first few days of trading. At the same time, notorious inffluencers known for undisclosed paid shills of fake provably fair casinos were telling people that questioned the valuation that they’re “anti-crypto” and should support PUMP.
@Daz_0x
26.7. klo 01.30
Insider activity detected on $PUMP launch
Insider wallets sold 25.5 billion tokens worth $141 million between July 17 and 21
Only 5 to 9 days post-TGE.
The team made $39.65 million in profit.
40% of the total supply was in the hands of insiders and fully liquid from day one.
One of the main wallets (Wintermute)
44P5Ct5JkPz76Rs2K6juC65zXMpFRDrHatxcASJ4Dyra
Sold 12.5B tokens for $67.2M in just two days.
Another wallet:
Fua2DmFyPb2aT6JMQ55SFGRkcSVtoq772VzyXGfcgXTw
Moved 12.5B through 13 different transfers
A third wallet:
F9KFgEZ1skvdk3kSa5mMC3UCBHrPrNEQJJWRtfsjyVZF
Sold 8.3B worth $40.5M by July 21.
13B tokens were sent to FalconX, a known institutional OTC desk, and another 12.5B to centralized exchanges.
The pattern shows this was structured selling
The token price peaked at $0.0069 but has now dropped to $0.0025.
That puts most retail buyers at a loss, with market cap falling from $4B to $2.52B.
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