1.29B PUMP Withdrawn: Crypto Whale’s Grand Scheme Unveiled!

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In the past 24 hours, Pump.fun (PUMP) token soared by 10%, totaling its weekly gains to nearly 30% and pushing its market cap to $1.8 billion, which is about the same as the number of people who understand what a blockchain is. 🤯

According to data shared by Onchain Lens, a major whale recently withdrew 1.29 billion PUMP tokens worth approximately $6.39 million from Binance. A whale with a wallet bigger than a spaceship, clearly preparing for a interstellar crypto heist. 🐟

The same wallet now holds 3.3 billion PUMP, valued at $16.38 million, accumulated over the past two weeks. A whale that’s clearly been binge-watching crypto documentaries. 🌊

A whale withdrew 1.29B $PUMP worth $6.39M from #Binance, 20 minutes ago. 🚨

Currently, the whale holds 3.3B $PUMP worth $16.38M, accumulated in the past 2 weeks. 🐟

Address: GfcyaWC53yTgdWpRLEXSqU6gYvyGgdGvyj6dis65zewy

Data @nansen_ai

– Onchain Lens (@OnchainLens) October 28, 2025

Pump.fun’s Massive Buyback Strategy: Because Who Needs a Real Economy?

The PUMP buyback strategy has been pushing the altcoin’s rally. The numbers have already crossed the $150 million mark within just three months. A figure so large, it’s like counting the number of grains of sand on a beach… but with more decimals. 🧠

The platform has bought back roughly 9.6% of its total token supply, making it one of the most heavily supported assets in the Solana ecosystem. This places it second only to Raydium, which has buybacks so big, they could fund a small country’s space program. 🚀

With over $818 million in cumulative revenue and daily earnings averaging nearly $1 million, the platform is reinvesting its profits directly into ecosystem growth, including the acquisition of Padre, a multichain trading terminal. The Padre team then banned the word “token” in Discord, which is like telling a fish it can’t swim. Nicely done… 🐟

“the $PADRE token will no longer have utility on the platform with no further plans for the future.”

And Padre team banning the word “token” in discord, removing user chats mentioning the $PADRE token, and kicking out users. Nicely done… 🐟

– 0x0000000000 (@1ntr0l1na1) October 24, 2025

Market Dominance and Ecosystem Expansion: Meme Coins Take Over

Pump.fun has made several additions to its ecosystem recently, including the launch of PumpSwap, Pump Screener, and the Padre acquisition. The platform currently accounts for nearly all token graduations on Solana, dominating the meme coin ecosystem like a toddler with a toy hammer. 🧸

🚨JUST IN: According to Dune data, @pumpdotfun now accounts for 100% of all tokens graduating on Solana, with 98 tokens graduating in the last 24 hours. All other platforms recorded zero token graduations during the same period. 🚨

– SolanaFloor (@SolanaFloor) October 27, 2025

Interestingly, the meme coin generator lost its dominance after briefly losing ground to Four.meme during the Binance Smart Chain meme coin boom. But now, Pump.fun has reclaimed the top spot, because nothing says “I’m the best” like buying back your own tokens. 🚀

With Padre now integrated, Pump.fun has reclaimed the top spot in both revenue and user engagement. Because who needs a real product when you can just keep buying back your own tokens? 🤯

PUMP Price Analysis: Bullish Breakout Looms… Or Maybe Not

The PUMP daily chart shows that the token is attempting to break out of a descending channel pattern. The price currently trades near $0.00509, testing resistance around the upper channel boundary. Like a prisoner trying to escape a dungeon… but with numbers. 🛡️

The RSI reads 56.17, indicating neutral momentum while the MACD shows increasing buyer strength. RSI is 56.17, which is about as neutral as a teapot. MACD shows increasing buyer strength, which is like saying a crowd is getting louder… but not necessarily smarter. 🧠

PUMP daily chart with RSI and MACD. | Source: TradingView. Also, this chart is probably more exciting than your average Tuesday. 📈

If PUMP closes above the $0.00520 resistance, it could confirm a breakout toward the next targets at $0.0060 and $0.0075. On the other hand, immediate support sits at $0.0041, followed by a stronger base near $0.0030. Because nothing says “I’m a serious investment” like a price that’s as stable as a jello sculpture. 🧊

Whale accumulation and continued buybacks could propel PUMP toward its next major psychological resistance at $0.0080, making it the next big crypto in 2025. Or maybe just another fad that disappears faster than a joke in a comedy club. 🎤

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2025-10-28 18:31