TechFlow, July 21 — According to on-chain analyst EmberCN (@EmberCN), two private sale addresses associated with institutional investors of PUMP have collectively realized profits of $39.65 million over the past week by selling approximately 25.5 billion PUMP tokens worth $141 million.
Among them, address D6ar...Lazd participated in pump.fun's institutional round private sale with 100 million USDC, receiving 25 billion PUMP tokens. The private sale price was the same as the public offering price available to retail investors, and there was no vesting period. Over the past week, this address transferred 13 billion PUMP tokens (worth $71.46 million) to FalconX, which were subsequently distributed to multiple centralized exchanges. The average selling price was $0.0055 per token, resulting in a profit of $19.5 million.
