PUMP fell below the private placement price, and nearly 30 billion PUMPs from two whale have flowed into the exchange

According to Lookonchain monitoring, after the PUMP price fell below its private placement/public offering price of $0.004. The largest token holder address, which previously invested 100 million USDC to purchase 25 billion PUMP tokens in the private round, has deposited 17 billion PUMP tokens to the exchange through FalconX, worth approximately $89.5 million, and currently still holds 8 billion PUMP tokens, valued at around $29.58 million. Additionally, the second-largest PUMP token holder address previously spent 50 million USDC to purchase 12.5 billion PUMP tokens, worth approximately $71.37 million, and has now transferred all tokens to the exchange.