Whales continued to increase their holdings, and two PUMP wallets transferred US$3.58 million.
The PUMP coin price rose 15% to US$0.006369 on October 4. As the market rebounded, giant whale activity drove the increase and outperformed the broader crypto market.
The two wallets transferred a total of 572.56 million PUMP tokens, worth approximately US$3.58 million. Purchase was made at one of the addresses, and the other withdrew money from the MEXC exchange.
PUMP's Open Interest rose 25.77% to $669.62 million in earlier readings. An increase in open positions alone does not establish bullish beliefs.
Just as MACD momentum has set US$0.007 as a key target, it currently needs to break through the resistance level of US$0.00655 first. If the price falls below $0.006, it may expose a recent rebound area of $0.0055.
Whale accumulation expands: Two PUMP wallets transferred US$3.58 million
PUMP coin prices rose 15% to US$0.006369 on October 4, as activity from large wallets accompanied the market recovery. Market data shows that Pump.fun token is valued at approximately US$2.95 billion, ranking 35th among the cryptocurrencies tracked.
The broader crypto market rose 0.77%, with the total market value rising to approximately US$2.9 trillion. Bitcoin remained above $85,000, Ethereum traded at close to $2,699, and XRP reached $1.50.
As two wallets transferred approximately $3.58 million worth of tokens, whale accumulation has attracted attention. Derivatives positions also expanded significantly, just as MACD readings put $0.007 in the spotlight. Whether this goal is achieved depends on whether PUMP can clear nearby resistance and hold support.
According to online data, the wallet named Netherlol purchased 383.34 million PUMP tokens, worth approximately US$2.4 million. According to blockchain trackers, the deal marks the first purchase of PUMP in more than a year.
Whales are accumulating PUMP!

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