Pump.fun transfers 50 million USDC to an exchange, with a cumulative total of 605 million transferred
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On-chain monitoring shows that Pump.fun has transferred 50 million USDC obtained from ICO sales to a certain exchange in the past 10 hours, with a cumulative total of 605 million USDC transferred since November 15. In June, Pump.fun sold PUMP tokens to institutions at a price of $0.004 per token; the current price is $0.0018, down 55% from the issue price. (Yujin)
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