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The pump.fun team has transferred the funds to Squads Vault's "Token Admin" address

By: theblockbeats.news|2025/07/12 15:17:00

BlockBeats News, July 12th, according to on-chain analyst Ai Yi (@ai_9684xtpa), the pump.fun team has transferred funds to Squads Vault's "Token Admin" address.

In addition, there are:

- 185 addresses with a balance of over 1 million USD;

- 121 addresses with a balance of 500,000 USD or more;

Regarding the composition of the transfers, USDC accounts for 97%, while USDT accounts for only about 3%.

pump.fun sold 12.5% of its tokens in this public sale, with a total capital of $500 million, which is different from the 15% share previously announced.

PUMP Token Public Sale Successfully Completed in Just 13 Minutes