PUMP: Wallet Sells 1.26B Tokens in One Trade

PUMP fell 16% in the past 24 hours after one address sold 1.264 billion tokens for 5.483 million USDC in a single on-chain transaction at $0.0043.

The seller absorbed 5% slippage, forgoing roughly $300,000 compared with a split execution that could have yielded $5.78 million.

PUMP trades inside its Bollinger Bands with the upper band at $0.01 acting as immediate resistance and the lower band at $0.0 as support. The 4-hour structure remains bearish as price sits below both the EMA50 and EMA200 at $0.01, while MACD(12,26) prints a death cross at -0.0. RSI(14) at 26.27 signals oversold conditions, yet the death cross and EMA resistance together suggest any bounce will likely stall before testing the 50-EMA, favoring further downside until momentum stabilizes.