According to online reports, according to monitoring by the online data analyst Yu Ember, the private equity address of the largest PUMP institution transferred the last 8 billion PUMPs (approximately US$20.11 million) to FalconX eight hours ago, completing the entire sale of his privately owned PUMP, earning a profit of US$8.2 million. It is reported that this address used 100 million USDC to participate in pump.fun's institutional private placement round and obtained 25 billion PUMPs (the price is the same as the public offering, and the position is not locked). It is the largest institutional private placement address. Starting from the 16th, the address has been transferred to FalconX one after another and cleared it early this morning. The average transfer price was approximately US$0.0043, and a profit was US$8.2 million.