Pump.fun team- and investor-held tokens completed a scheduled monthly unlock about five hours before the report, according to monitoring by EmberCN. A total of 4.94 billion PUMP tokens were released, with an estimated value of about $13.6 million. On-chain data showed the unlocked tokens were then distributed across 125 wallet addresses. It remains unclear whether those wallets are tied to market selling. Even so, a release of this size is typically watched closely because it can add short-term pressure to circulating supply. The market is now focused on where those funds move next.
Pump.fun team and investor tokens completed a monthly unlock around five hours before the report, according to EmberCN monitoring cited by BlockBeats on Aug. 15.
A total of 4.94 billion PUMP tokens were released, worth about $13.6 million. Data showed the unlocked tokens were later distributed to 125 wallet addresses.
It is not yet clear whether the wallets are connected to market sales, but unlocks on this scale usually add short-term pressure to circulating supply. The market is watching the next movement of the funds.
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