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Pump.fun team moves 1.75B PUMP: Can bulls offset selling pressure?

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PUMP team may be adding fresh pressure after recent token transfers.

Posted: March 7, 2026 Avatar

By: Olayiwola Dolapo Journalist Edited By: Jacob Thomas Pump.fun team moves 1.75B PUMP: Can bulls offset selling pressure?

Olayiwola Dolapo Journalist Edited By: Jacob Thomas Posted: March 7, 2026 Share this article

Pump.fun [PUMP] has remained largely neutral to developments over the past day involving the project’s team.

For now, market sentiment will depend mainly on the actions of retail investors and on-chain users of the platform, as participants assess whether the next move will be a short-term rally or a further decline.

Team transfers tokens to the exchange

Recent on‑chain activity indicates movement linked to the team behind the asset.

Data indicates that in the early hours of the 6th of March, a wallet linked to Pump.fun executed two transactions that transferred its native token, PUMP, to the cryptocurrency exchange Bitget.

The first transaction involved the sale of 1.75 billion PUMP, valued at roughly $3.54 million. The second transaction transferred 5,000 PUMP tokens, worth about $10.

Transfers from private wallets to centralized exchanges often raise concerns about a potential sell-off, as such movements typically increase the likelihood of tokens entering the market.

Despite the transfers, the market has yet to show strong volatility. PUMP’s price has declined by 1.73%, while trading volume has dropped 21% to around $100 million during the same period.

Market absorbs potential selling pressure

So far, spot exchange netflow data shows no clear evidence of a large-scale sell-off.

This metric tracks the inflow and outflow of an asset on exchanges to determine whether buyers or sellers currently dominate market activity.

According to CoinGlass data, investors have continued to buy PUMP over the past five days, beginning on the 2nd of March, with average daily purchases of about $691,000.

Source: CoinGlass

However, a broader market indicator presents a different picture. The Accumulation/Distribution (A/D) indicator, which measures whether investors are accumulating or distributing an asset over time, suggests that selling pressure still dominates.

Chart data shows that the distribution has persisted for several months, dating back to November 2025. In the past 24 hours alone, roughly 6 billion PUMP tokens entered circulation, indicating continued distribution into the market.

The divergence between recent spot buying and the longer-term A/D reading suggests that current accumulation remains relatively weak. This aligns with the modest average buying activity recorded over the past five days.

On-chain activity remains stable

Despite the market uncertainty, on-chain activity across the Pump.fun ecosystem remains relatively steady.

Launchpad volume on the platform continues to climb, indicating sustained activity that could support demand for the token.

Data from Artemis shows that launchpad volume currently stands at $101.8 million, marking the second-highest level recorded this year.

Source: Artemis

The highest level occurred on the 2nd of March, when volume reached $105.2 million. Before this recent surge, the last time launchpad activity approached similar levels was in October 2025.

Rising platform usage could gradually support overall demand and strengthen PUMP’s value over time. One metric worth monitoring closely is the platform’s daily revenue.

At present, Pump.fun generates around $1.3 million in revenue per day, reflecting sustained activity across the ecosystem.

Final Summary

The PUMP team moved part of its holdings to a centralized exchange, raising speculation about a potential sell-off.
Daily buying averages around $691,000, but declining accumulation across the broader trend leaves PUMP exposed to downside risk.

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Olayiwola Dolapo

Olayiwola Dolapo is a Crypto Research Analyst at AMBCrypto, driven by a mission to make the digital asset space more transparent and understandable for all. His journey was catalyzed by an early experience in the market that underscored the importance of deep, foundational knowledge—a principle that now guides his professional work. More Articles