PUMP holders raised concerns after blockchain analysts reported large treasury transfers to major exchanges. According to independent trackers, the activity took place within the last 24 hours and coincided with a continued decline in platform revenue, adding pressure to an already cautious market sentiment.

The transactions involve tens of millions of USDC linked to Pump.fun fee wallets, a Solana-based token launch platform that helped drive several viral meme assets this year. Although Pump.fun remains one of the most active meme-asset generators in the ecosystem, monthly earnings have dropped sharply since mid-year, prompting investors to scrutinize treasury operations more closely and question whether liquidity adjustments could impact long-term growth.

Pump.fun denied that any selling is occurring, stating the transfers are part of routine liquidity management. The team said it will provide additional disclosures if further movements take place, noting that all funds remain traceable on-chain. Analysts expect continued monitoring as on-chain activity remains transparent and trackable through public data tools.

Source: https://x.com/EmberCN/status/1993836471963529282

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Filed under: News - @ November 27, 2025 12:27 pm