The post Whales Spark $PUMP Rally with $5M Inflows and 12% Price Surge Amid Renewed Market Confidence appeared on BitcoinEthereumNews.com.

The $PUMP token gained 12% in 24 hours due to heavy whale activity and renewed investor confidence. The market saw two big transactions that caught a lot of attention with $PUMP emerging as one of the top performers of the day.  Whales are getting bullish on $PUMP with a 12% price surge today! 🚀 1️⃣ Whale “BGSLv” bought 517.97M $PUMP for $2M $USDC (~$0.0039 per token) 16hrs ago. It’s up $140K (+7%) now! 2️⃣ Whale “0x302” deposited $3M $USDC into #HyperLiquid to long $PUMP (x2) at $0.00409. Current… pic.twitter.com/tdzG67ifBT — Spot On Chain (@spotonchain) October 24, 2025 A whale investor named “BGSLv” acquired 517.97 million $PUMP tokens for $2 million in USDC at an average price of $0.0039. Just hours later the position appreciated $140,000 for a 7% gain as the price of $PUMP reached $0.00416. Another whale named “0x302” deposited $3 million USDC into the HyperLiquid platform to open a 2x long position on $PUMP at $0.00409, indicating the whale expects continued price upside. The crypto market is interpreting these two whales taking such large leverage positions as a sign of positive future which is an overall vote of confidence for the upside price movement of the memecoin in the short term. Why Whales Are Bullish on $PUMP Several technical and market indicators are converging to affirm the bullish narrative surrounding $PUMP. The token’s current market price (CMP) of $0.004161. It is nearing a resistance level of $0.00435, while its support level, is $0.00346. Trading volumes are growing, noting that today showed daily volume at $5.4 billion confirming liquidity and interest.  The 4-hour chart suggests the EMA50 level at $0.0039 has been broken out, pushing the token well by maintaining its price movement upward. From a Fibonacci retracement standpoint, the mid-range target is $0.0047, and the upper range is…

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Filed under: News - @ October 24, 2025 9:27 pm