According to @OnchainLens, the wallet "77DsB" associated with @Pumpfun has sold a total of 3.376 billion $PUMP tokens in exchange for 7.23 million $USDC. The wallet currently holds 373.49 million $PUMP, valued at approximately $788K. This activity highlights significant sell-offs of $PUMP, which may have implications for its liquidity and price dynamics.

According to @bubblemaps, an analysis of Hayden's active addresses identified wallet 58WQi2, which made a $50M USDC investment in Pump Fun. This wallet also received 12.5 billion $PUMP tokens worth $73M at launch and was the second-largest private sale investor in $PUMP. These findings highlight significant capital and early participation in the $PUMP ecosystem.

According to Bubblemaps, Hayden Davis, the second-largest investor in the $PUMP token private sale, invested $50 million USDC and sold his holdings at launch for a return of $65 million. This significant sell-off highlights potential volatility in token launches and raises questions about early investor strategies in cryptocurrency projects.

According to @CryptoCoinCoach, PUMP remains within an ascending broadening wedge and is still capped by a dominant descending resistance, keeping the structure bearish. The latest bounce from minor ascending support appears corrective and has not broken the main descending trendline with strength. The setup points to a potential pullback toward a highlighted demand zone before any stronger bullish continuation can be confirmed. If price revisits and holds the lower support zone, a higher low could form and open the door to a recovery toward upper resistance; failure to defend support would likely drive continuation toward the wedge’s lower boundary, consistent with the broader downtrend. This area is a decision zone that may determine whether PUMP transitions into accumulation or continues its larger decline.

According to @EmberCN, Pump.fun transferred 148 million in USDC and USDT to Kraken about one hour ago, with the funds identified as proceeds from the June 2025 PUMP ICO, and on-chain traces provided for verification. Source: @EmberCN on X; Arkham Intelligence intel.arkm.com/explorer/address/4jtZwKHXD7vToiiPyqwa9467FQc19Mcy62wSFHijZqqE; Arkham Intelligence intel.arkm.com/explorer/entity/pump-fun According to @EmberCN, cumulative transfers to Kraken since Nov 15 now total 753 million in USDC and USDT from the PUMP ICO treasury, indicating sustained exchange-directed stablecoin flows. Source: @EmberCN on X; Arkham Intelligence intel.arkm.com/explorer/entity/pump-fun According to @EmberCN, in a prior instance Pump.fun deposited 75 million USDC to Kraken, followed by a 69.26 million USDC transfer from Kraken to Circle, the USDC issuer, observed on-chain. Source: @EmberCN on X; Arkham Intelligence intel.arkm.com/explorer/entity/pump-fun According to @EmberCN, the observed endpoints in these flows are Kraken deposit addresses and Circle-linked addresses, which traders can verify via the referenced Arkham intelligence pages to track liquidity movements linked to PUMP ICO proceeds. Source: @EmberCN on X; Arkham Intelligence intel.arkm.com/explorer/address/4jtZwKHXD7vToiiPyqwa9467FQc19Mcy62wSFHijZqqE; Arkham Intelligence intel.arkm.com/explorer/entity/pump-fun

According to Lookonchain, address 0x10a3 opened 10x perpetual longs on 19.75M FARTCOIN worth $7.76M and 2B PUMP worth $4.77M over the last two hours, verified by Hypurrscan transaction records. Source: Lookonchain on X Jan 10, 2026; hypurrscan.io/address/0x10a3c90abf09cd253a5e3f1f13346cddb8e8854a. This concentrates approximately $12.53M of leveraged long exposure in FARTCOIN and PUMP perps within a short window, indicating notable directional positioning to monitor. Source: Lookonchain; Hypurrscan.

According to @OnchainLens, whale address 0x10a was partially liquidated on 10x long positions in FARTCOIN and PUMP during the market dip. According to @OnchainLens, the address was fully liquidated on BTC with an estimated USD 1.69 million realized loss. According to @OnchainLens, the wallet’s two-day PnL moved from roughly USD 5.8 million profit to about USD 1.87 million loss. According to @OnchainLens, the wallet still holds FARTCOIN and PUMP with about USD 747,000 unrealized loss and those positions are near liquidation. According to CoinMarketMan HyperTracker wallet page for 0x10a3c90abf09cd253a5e3f1f13346cddb8e8854a, these positions and liquidation proximity are visible in real time for monitoring.

According to @OnchainLens, the “1st Day Deposit Whale” wallet 0xEa6670EbdB4a388A8CFc16f6497Bf4f267B061EE added new long positions totaling $32.62M and currently shows over $3.4M in floating profit. Source: twitter.com/OnchainLens/status/2007991936431312948 The whale now holds 17 long positions in BTC, STBL, IP, HYPE, XPL, MON, PUMP, TRUMP, GRIFFAIN, VVV, HMSTR, FARTCOIN, HEMI, MAVIA, LIT, STABLE, and AIXBT, as shown on the wallet dashboards. Source: twitter.com/OnchainLens/status/2007991936431312948; hyperbot.network/trader/0xEa6670EbdB4a388A8CFc16f6497Bf4f267B061EE; app.coinmarketman.com/hypertracker/wallet/0xEa6670EbdB4a388A8CFc16f6497Bf4f267B061EE Earlier context notes this wallet deposited $8M USDC and opened multiple longs on the first day of 2026, with about $2.8M floating profit at that time. Source: twitter.com/OnchainLens/status/2007325329908740390

According to @EricCryptoman, PUMP currently has one of the strongest chart setups for a liquid 2x, signaling a bullish trade thesis (source: X post by @EricCryptoman, Jan 2, 2026). He also stated he is adding NEAR, expecting a similar upside move to PUMP (source: X post by @EricCryptoman, Jan 2, 2026).

According to Lookonchain, a whale who spent 3M USDC across two wallets to buy 750M PUMP in a public sale six months ago deposited the entire 750M PUMP to Hyperliquid about an hour before Lookonchain’s post on Jan 1, 2026 (source: Lookonchain on X). According to Lookonchain, the 750M PUMP deposit is valued at approximately $1.47M and selling the whole position would result in a $1.53M loss, or -51% versus cost (source: Lookonchain on X). According to Arkham Intel’s explorer, the wallets cited by Lookonchain can be traced, corroborating the addresses and token flow for the two funding wallets and the receiving account referenced (source: Arkham Intel explorer). Based on Lookonchain’s figures, the buyer’s approximate cost basis is $0.004 per PUMP (3,000,000 USDC divided by 750,000,000 PUMP), and the implied current valuation is about $0.00196 per PUMP from the $1.47M deposit value (source: Lookonchain on X).

According to @lookonchain, on Jan 1, 2026, a newly created wallet deposited 8M USDC to Hyperliquid and went all-in on long positions. According to @lookonchain, positions opened were: 12.18M XPL ($2M), 1.18M IP ($2M), 82.61M MON ($1.9M), 32.41M STBL ($1.8M), 779.56M PUMP ($1.5M), 52.45M GRIFFAIN ($970K), 509K VVV ($847K), 22.86M AIXBT ($806K), 41.52M HEMI ($691K), 11.24M MAVIA ($648K), and 42.95M STABLE ($604K). According to @lookonchain, the total notional across these longs is approximately $13.77M, compared with the reported $8M USDC deposit.

According to @OnchainLens, a newly created wallet deposited 8 million USDC into HyperLiquid and began opening leveraged long positions on Jan 1, 2026; source: Onchain Lens on X Jan 1, 2026. Positions cited include XPL and PUMP at 10x leverage, MON at 5x, and VVV, STBL, STABLE, IP, HEMI, GRIFFAIN, MAVIA, AIXBT at 3x; source: Onchain Lens on X Jan 1, 2026; corroborated by CoinMarketMan HyperTracker wallet 0xEa6670EbdB4a388A8CFc16f6497Bf4f267B061EE app.coinmarketman.com/hypertracker/wallet/0xEa6670EbdB4a388A8CFc16f6497Bf4f267B061EE. The tracked wallet address is 0xEa6670EbdB4a388A8CFc16f6497Bf4f267B061EE on HyperLiquid, where live positions are displayed; source: CoinMarketMan HyperTracker app.coinmarketman.com/hypertracker/wallet/0xEa6670EbdB4a388A8CFc16f6497Bf4f267B061EE.

According to @lookonchain, two wallets labeled 26nbFG and E9eKo8 accumulated 2.15B PUMP valued at about 3.87M dollars over the past 16 hours, based on Arkham Intelligence address data at intel.arkm.com. @lookonchain cites Arkham Intelligence explorer pages for 26nbFG and E9eKo8 showing the inbound PUMP transactions within the specified window, confirming concentrated accumulation on-chain via Arkham Intelligence.

According to @lookonchain (X, Dec 23, 2025), whale address 3QB9kH accumulated 3.806B $PUMP from Binance between Sep 12 and Nov 4 for $19.53M at an average entry of $0.00513, based on on-chain data reported by @lookonchain. According to @lookonchain, three days before the report the address deposited the entire 3.806B $PUMP to FalconX to sell, valued at about $7.3M, realizing a total loss of over $12M (-62%), as reported by @lookonchain. Based on figures reported by @lookonchain, the implied per-token valuation at the time of the FalconX deposit was roughly $0.00192 ($7.3M divided by 3.806B), which traders can use to frame $PUMP liquidity and flow during the reported sale window, per @lookonchain.

According to @OnchainLens citing Nansen data, a whale deposited 3.8B PUMP worth $7.57M into FalconX after holding the position for 3 months. According to @OnchainLens citing Nansen data, the same wallet had initially withdrawn these PUMP from Binance for $19.53M, with a reported loss of $12.22M. According to @OnchainLens citing Nansen data, the address involved is 3QB9kHf37NC2xAKTBfPyBve6fNt6TPXdUS1AvVwbgfuh.

According to @EmberCN, over the past week pump.fun wallets transferred 405 million USDC into Kraken, while 466 million USDC moved from Kraken to Circle, which the author characterizes as a fiat off-ramp signal, source: @EmberCN. According to @EmberCN, the funds are proceeds from pump.fun’s June private sale of PUMP to institutions, source: @EmberCN. For trading context, large exchange flows have historically correlated with short-term crypto market volatility, making such treasury movements relevant for risk management, source: Glassnode. USDC redemptions through Circle indicate stablecoin off-ramping to fiat per the issuer’s redemption mechanics, source: Circle.

According to @dydxfoundation, the community approved setting the default funding rate to 0 for FARTCOIN, RAYDIUM (RAY), PUMP, and ZORA markets on dYdX, as recorded under Governance Proposal 318. Source: @dydxfoundation; Mintscan Proposal 318. This parameter change means these perpetual markets will have a zero default funding setting, removing any preset positive or negative funding bias defined by that default parameter. Source: @dydxfoundation; Mintscan Proposal 318. Funding payments on dYdX perpetuals are periodic transfers between longs and shorts designed to keep contract prices anchored to the index, so a zero default setting neutralizes the preset component of those payments for these markets. Source: dYdX Documentation.

According to @dydxfoundation, an on-chain governance vote has been opened to set the default funding rate to 0 for the FARTCOIN, RAYDIUM, PUMP, and ZORA perpetual markets on dYdX, with voting closing on Nov 19, 2025 at 06:25 UTC; source: dYdX Foundation on X; Mintscan Proposal 318. The parameter change is formally tracked as Proposal 318 on the dYdX Chain, where token holders can review the details and cast votes; source: Mintscan Proposal 318; dYdX Foundation on X. If approved, the protocol-level default funding rate for these markets would be set to zero, establishing the baseline for funding payments on those perps; source: Mintscan Proposal 318; dYdX documentation.

According to @lookonchain, a newly created wallet 0x93c5753e47ae857c372fc2ebaa5f9b58f3d3902a deposited 2.5 million USDC into Hyperliquid and opened max leverage long positions in BTC, PUMP, and FARTCOIN, source: @lookonchain. On-chain records for 0x93c5 confirm the Hyperliquid deposit and position activity tied to this address, source: Hypurrscan address 0x93c5753e47ae857c372fc2ebaa5f9b58f3d3902a. Traders tracking potential volatility and liquidation risk on these pairs can monitor this wallet and Hyperliquid funding and open interest to gauge positioning pressure, source: @lookonchain; Hypurrscan.

According to Onchain Lens, two newly created wallets withdrew a combined 2.42B PUMP worth 9.62M dollars from MEXC, based on Nansen data (source: Onchain Lens; data: Nansen). According to Onchain Lens, wallet DqRYe withdrew 1.42B PUMP valued at 5.51M dollars and wallet GBxyz withdrew 1.0B PUMP valued at 4.11M dollars, both from MEXC, per Nansen data (source: Onchain Lens; data: Nansen). According to Onchain Lens, the recipient addresses are DqRYeYJN8hf5tRCmDdTKPiBFmQDXYr9LmeyecwstJwpj and GBxyz6uE3QEQCLuTeCWVLuQy1F3s6bUmW2Z5LBkjNH3n for ongoing on-chain tracking, per Nansen data (source: Onchain Lens; data: Nansen).