$PUMP Soars as Crypto Whales Scoop Up $3.6 Million in Tokens

Crypto whales have been actively purchasing $PUMP tokens, with two large wallets accumulating a combined 572.56 million $PUMP tokens, worth approximately $3.6 million, according to data from Lookonchain.

The whale known as 'netherlol' purchased 383.34 million $PUMP worth around $2.4 million, marking its first $PUMP purchase in over a year.

Another wallet, GnZqfY, withdrew 189.22 million $PUMP (roughly $1.18 million) from the cryptocurrency exchange MEXC, but its intentions are unclear.

This $3.58 million accumulation accounts for roughly 3% of $PUMP's trading volume, which stands at around $121.4 million, according to the latest data.

$PUMP's price has surged by 18% in the last 24 hours, with its current price hovering around $0.006426, up 17.5% in the last 24 hours and 46% in the last seven days.

The token's market cap has increased to around $3 billion, with its futures turnover being 8.6 times larger than its spot turnover.