PUMP's largest private sale investor sells all tokens with "no lock-up position", making an arbitrage of 8.2 million USD.

After the launch of the on-chain Meme coin platform Pump.fun with its native token PUMP, a large-scale dumping was triggered due to the "no lock-up period" clause for private investors, causing the price to drop by 30% within seven days. (Background: Pump.fun founder Alon faced backlash during a live stream, being questioned "for not daring to speak throughout," igniting a series of price drops for $PUMP after it fell below the issue price.) (Additional context: PUMP fell below the public sale price; a major retail investor suffered a loss of $3.86 million from a 5x long order.) The on-chain Meme coin platform Pump.fun in the Solana ecosystem launched its native token PUMP in July, starting with a high-interest narrative, but quickly turned into a dumping scenario. Private investors rapidly exited when retail investors chased the price, causing PUMP to drop 48% from its peak within five days. The largest private investment address for $PUMP transferred the last 8 billion $PUMP to FalconX 8 hours ago, completing the sale of all its private tokens and making a profit of $8.2 million. This address participated in the institutional round of Pump.fun's private sale with 100 million USDC, acquiring 25 billion PUMP at the same price as the public sale aimed at retail investors, and also had no lock-up, making it the largest private investment address. From 16... pic.twitter.com/DYx5bCp2om — Ember (@EmberCN) July 26, 2025 Private arbitrage impacts price According to on-chain analyst Ember, the largest private investment address for PUMP transferred the last 8 billion PUMP to FalconX exchange on July 26, cashing out approximately $20.11 million, with a cumulative profit of $8.2 million. The address only invested 100 million USDC to obtain 25 billion tokens, and due to the absence of a lock-up, the speed of investment recovery astonished the market. According to CMC, the price of PUMP token has dropped by about 37% over the past week, with a quote of approximately $0.00275 before the deadline. The "no lock-up period" design is a significant incentive for early private investors, but it shifts the price risk onto later buyers. The market questions how the subsequent roadmap for PUMP can avoid becoming mere slogans when information and token advantages are concentrated in a few addresses. But since they have all dumped and exited, what can be done? Related reports PUMP falls below the public sale price! The two largest whale holders transferred tokens worth $160 million to exchanges. Pump.fun token surged to $0.007: the end of the 48-72 hour lock-up period will bring a real test. Public sale sold out in 12 minutes. 〈The largest private investor of PUMP sells all tokens without lock-up, arbitraging $8.2 million〉 This article was first published in BlockTempo, the most influential blockchain news media.