PUMP Token Plummets 30% Following $6.3M Whale Sell-Off

2025-12-13 21:12

Pump.fun's PUMP token experienced a significant decline, dropping 30% after a major whale offloaded $6.3 million worth of tokens. The token's price fell 3.85% to $0.002754 on December 13, as reported by Bijing.com. The sell-off resulted in over $5 million in losses for the seller, according to on-chain data. Despite a $12.7 million buyback by the Pump.fun team earlier in December, the token's downtrend persists. Exchange inflows have turned positive, indicating increased selling pressure. The Stochastic RSI at 21 suggests the token is currently in an oversold condition.

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