PUMP Presale Analysis: 340 Wallets Dominate Volume

14 July, 2025, 01:30 AM

# PUMP Presale: Whale Activity Concentrated Spot On Chain's analysis reveals significant concentration in the PUMP presale. Approximately 60% of the total presale volume, estimated at $300 million, was swept up by only 340 wallets. This highlights the impact of whale activity on the Solana-based meme coin launchpad, Pump.fun's native token. Pump.fun previously saw a rapid sell-out of $500 million worth of PUMP tokens in a mere 12 minutes during its presale. The concentration of tokens among a small number of wallets raises questions about market decentralization and potential price manipulation. Further monitoring of these wallets' activity will be crucial to understanding the future trajectory of PUMP. This concentration could impact liquidity and trading dynamics as the token enters broader market availability. ```