PUMP Surges 13% as Wintermute’s $3.5M Bet Sparks Whisper of a Potential 55% Breakout – Are You Ready to Ride the Wave?
However, 24-hour volume fell 10%, reflecting hesitation among traders despite the price uptick.
Why is PUMP’s price rising?
PUMP defied the broader market chop with a clean breakout, largely fueled by notable whale participation and investor accumulation.
Solscan data showed that Wintermute, a top algorithmic trading firm, accumulated 1.24 billion PUMP tokens worth $3.55 million in the past 24 hours.
The firm sourced these memecoins from exchanges like Gate.io and Bybit, marking strong participation from a known liquidity mover.
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