PUMP: Insider sales hit $25mln – Why THESE 2 metrics suggest supply floor
The post PUMP: Insider sales hit $25mln – Why THESE 2 metrics suggest supply floor appeared on BitcoinEthereumNews.com.
Sell pressure emerged after the wallet linked to “77DsB…” began offloading large Pump.fun batches into USDC. The address had received 3.75 billion tokens months earlier, valued near $25.39 million. Distribution unfolded gradually rather than through a single liquidity shock. Source: X Sales started with 543 million tokens, generating about $1.2 million in USDC around the 17th of February. Activity escalated quickly, surpassing 2 million tokens by the 19th of February. By the 21st of February, disposals reached 3.376 billion, converting into roughly $7.23 million. About 373 million Pump.fun [PUMP], worth $788,000, remained afterward. Source: Onchain Lens/ X Execution data showed repeated 14.3–14.4 million token swaps, each routed into roughly $30,000 USDC fills. That staggered routing reduced slippage while sustaining continuous sell pressure. As supply entered circulation, price drawdown deepened. PUMP remained down roughly 75% from peak levels. However, distribution was not the only pressure point. Declining platform revenue and memecoin fatigue reinforced liquidation motives. Operational funding needs and structural supply expansion likely compounded downside pressure. DEX leadership divergence and Solana’s market structure Uniswap [UNI], PancakeSwap [CAKE], and Pump anchor current DEX activity, yet their momentum profiles diverge sharply. Uniswap leads with $1.84 billion in 24-hour volume and $12.12 billion in weekly turnover, reflecting a 570% surge. Source: DeFiLlama That expansion signals a consolidation of liquidity toward Ethereum-aligned execution venues. PancakeSwap follows with $710.6 million in daily volume, although weekly flows declined 84.41%, indicating rapid participation cooling. Pump.fun ranks third at $499.9 million daily but recorded a 56.26% weekly contraction, reinforcing weakening Solana-native speculative demand. Source: DeFiLlama Fee performance echoes this hierarchy. Pump.fun generated $3.15 million in 24-hour fees and $100.13 million over 30 days. Cumulative fees stood near $1.457 billion. Even so, it trailed structural DeFi leaders. Uniswap recorded $1.46 million in 24-hour fees and $964.52 million over 30 days.…
Filed under: News - @ February 22, 2026 5:08 am