{"id":56382,"date":"2025-07-22T18:02:27","date_gmt":"2025-07-22T18:02:27","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/pump-funs-pump-token-drops-below-presale-price-whales-dump-160m-to-exchanges\/"},"modified":"2025-07-22T18:02:27","modified_gmt":"2025-07-22T18:02:27","slug":"pump-funs-pump-token-drops-below-presale-price-whales-dump-160m-to-exchanges","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/pump-funs-pump-token-drops-below-presale-price-whales-dump-160m-to-exchanges\/","title":{"rendered":"Pump.fun\u2019s PUMP token drops below presale price, whales dump $160M to exchanges"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/Pump.funs-PUMP-token-drops-below-presale-price-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/Pump.funs-PUMP-token-drops-below-presale-price-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/Pump.funs-PUMP-token-drops-below-presale-price-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/Pump.funs-PUMP-token-drops-below-presale-price-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Pump.fun token has dropped 43% from ATH and risks deeper fall to $0.0024.<\/li>\n<li>Airdrop delays are likely the key causes of the price drop.<\/li>\n<li>Whales have moved their holding to centralised exchanges, causing sell-off fears.<\/li>\n<\/ul>\n<p>Pump.fun\u2019s PUMP token has plunged below its highly publicised presale price, sparking concerns of a broader sell-off and sending ripples across the memecoin market.<\/p>\n<p>The steep drop comes just days after the project raised hundreds of millions in minutes, only to face heavy sell pressure and waning community confidence.<\/p>\n<p>The token initially surged after its debut but has since lost momentum.<\/p>\n<p>The early excitement has given way to anxiety, as large investors begin offloading their holdings en masse.<\/p>\n<h2>Whales offload $160 million worth of PUMP tokens<\/h2>\n<p>Two major wallets identified as early private sale participants have collectively moved over $160 million in PUMP tokens to centralised exchanges.<\/p>\n<p>This large-scale movement, <a href=\"https:\/\/x.com\/lookonchain\/status\/1947591724437766548\">flagged by blockchain analytics firm Lookonchain<\/a>, has intensified fears of an extended price correction.<\/p>\n<p>The first wallet, labelled \u201cPUMP Top Fund 1,\u201d purchased 25 billion tokens for $100 million in USDC during the private sale.<\/p>\n<p>Over the past week, it has sent 17 billion tokens worth nearly $90 million to exchanges, although it still holds a position worth roughly $29.5 million.<\/p>\n<p>The second whale, tagged as \u201cPUMP Top Fund 2,\u201d acquired 12.5 billion tokens for $50 million and has now completely exited, transferring the full amount \u2014 then valued at over $71 million \u2014 to exchange wallets.<\/p>\n<h2>Pump.fun token has slipped below ICO price<\/h2>\n<p>After an initial post-ICO rally that saw the token rise by 72%, PUMP is now trading well below its launch price.<\/p>\n<p>At the time of writing, the token was hovering near $0.003789, marking a 9.2% drop from its ICO price of $0.004 and a staggering 81.45% fall from its all-time high of $0.006888.<\/p>\n<p>Technical indicators suggest the asset may fall even further, with $0.003639 acting as the next key support level, which aligns with previous accumulation zones.<\/p>\n<p>Failure to hold above this support could trigger an even deeper selloff.<\/p>\n<p><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-323804\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/07\/PUMP-token-price.png\" alt=\"Pump token price\" width=\"1866\" height=\"843\"\/><\/p>\n<p>Notably, the token\u2019s recent inability to reclaim the $0.004 resistance zone has confirmed a bearish setup.<\/p>\n<p>The steep drop has been accompanied by declining buyback volumes from Pump.fun, with on-chain data showing just $125,000 in buybacks on Sunday, down from nearly $19 million on launch day.<\/p>\n<h2>Broader memecoin market has cooled off<\/h2>\n<p>While PUMP\u2019s troubles are significant on their own, they also reflect a broader shift in sentiment across the <a href=\"https:\/\/coinjournal.net\/compare\/best-meme-coins\/\">memecoin<\/a> sector.<\/p>\n<p>On July 21, the total memecoin market cap peaked at $87 billion, up from $55 billion just weeks prior.<\/p>\n<p>However, that was followed by a sharp pullback to $81 billion today.<\/p>\n<p>Despite a partial recovery to around $82 billion, the volatility may signal capital rotation or a potential cooling of the recent memecoin frenzy.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-4.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div 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Airdrop delays are likely the key causes of the price drop. Whales have moved their holding to centralised exchanges, causing sell-off fears. Pump.fun\u2019s PUMP token has plunged below [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":56383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/56382"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=56382"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/56382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/56383"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=56382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=56382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=56382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}