The crypto world is again seeing notable whale movements in the case of the $PUMP token. Hence, the “Mysterious PUMP Whale,“ which has been very popular recently for $PUMP accumulation, has increased the accumulation spree. As per the data from Lookonchain, the whale has extracted another staggering 853.5M $PUMP tokens from OKX and Bybit exchanges. This noteworthy development has triggered speculation across the community regarding the potential outcomes.
Mysterious PUMP Whale Extracts Another $1.6M from Bybit and OKX
Based on the latest on-chain data, the “Mysterious PUMP Whale” has again withdrawn a noteworthy $1.6M (equaling 853.5M $PUMP tokens) from OKX and Bybit. As a result of this, the total $PUMP holdings of the crypto whale have touched 8.71B $PUMP. This figure accounts for a cumulative amount of up to $16.4M. At the same time, the price of the $PUMP token has also witnessed a 1.14% increase over the past 24 hours.
Apart from that, the $PUMP holdings of the whale display a significant 1.14% rise at the current valuation. Particularly, the whale has conducted a total of 3 transactions to extract $PUMP from Bybit. Hence, these transfers include 212.991M ($399.43K), 39.519M ($262.82K), and 536.769M ($998.9K) $PUMP tokens.
Massive Whale Activity Raises Community Eyebrows
In addition to this, the OKX transfers include 201.004M ($376.66K), 100M ($187.63K), 100M ($186.99K), and 100M ($187.68K) $PUMP. Simultaneously, some other extractions from OKX include 113.51M ($229.93K), 87.656M ($177.75K), 95.932M ($193.01K), and 98.129M ($196.98K) $PUMP tokens. These consistent $PUMP withdrawals indicate a strategic pattern of accumulation, reaffirming the whale’s preparation for a potential market movement in the near term.
Source: https://blockchainreporter.net/pump-whale-withdraws-853m-tokens-from-okx-and-bybit/
