On July 12, 2025, the pump.fun team executed a significant fund transfer to the Token Admin address, attracting attention from analysts and investors.
Pump.fun Team Fund Transfer
The pump.fun team transferred funds to the Token Admin address as part of the Squads Vault. According to on-chain analyst Ai Yi, the transfer comprises 97% funds in USDC, indicating high engagement from major investors (whales) in the market.
Magnitude of Transfer and Its Importance
The total transfer volume reached $500 million, which is close to the initial target of $600 million. The main funds deposited to the address are temporarily non-transferable until the complete allocation of tokens is finalized.
Market Dynamics and PUMP Token Activity
The current price of the PUMP token is $0.01, with a market cap reaching $1.59 billion. Analysts note that a special deposit of 8 million USDC indicates bearish sentiment in some market quarters.
The actions of the pump.fun team may have a significant impact on market liquidity and financial structuring, which are crucial for the future development of cryptocurrency markets.