Almost 60% of early investors in Pump.fun’s highly anticipated PUMP token have already sold or moved their tokens off-platform, according to analysis by BitMEX. On-chain data shows that of the 10,145 wallets that took part in the US$500 million (AU$769.5 million) token sale, 6,042 (59.6%) have transferred their holdings to centralised exchanges or external wallets…
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