Key Takeaways
What signals a potential rebound for Pump.fun despite recent price stagnation?
A whale ballet and a bullish RSI crossover-perhaps the market’s way of saying, “Let’s not be dreary.”
What could prevent PUMP from breaking above $0.0045?
Retail selling so weak it could power a teakettle and bears still flexing their claws. 🐾
Since October 11th, PUMP has been playing hide-and-seek between $0.003 and $0.0045. At press time, it’s currently trading at $0.0041-a 10.3% rally that’s making one wonder if the market finally remembered its manners. Whales, ever the show-offs, have returned to the dance floor with gusto.
Pump.fun’s Whale Activity Soars
When PUMP hit $0.0034, the whales arrived in their finest yachts, declaring, “Darling, we won’t let you fall further.” Nansen reports 4.4 billion tokens hoovered up by bigwigs in 24 hours-a three-day winning streak in the Balance Change stakes. The Whale Net Buy? A staggering 4.6 billion tokens. One might say, “How very aggressive.”
Onchain Lens spotted a $2M USDC withdrawal from Kraken, which promptly became 517.97 million PUMP. Classic whale behavior: “I’ll take the plunge… just not yours.”
Coinalyze confirms buyers are dominating the spot market, with a Buy Sell Delta that’s positively charming. Between October 23rd and 24th, Buy Volume outpaced Sell Volume by 2.66 billion. One might call it a “romantic tango” between buyers and sellers. 💃🕺
Retail Traders Remain Defiant
While whales waltz, retail traders are busy cashing out like it’s Black Friday. CoinGlass notes a $1.9M net inflow-a drop from Monday’s $5M, but still a tea-time interlude for bears. Historically, this is the moment the market whispers, “Darling, you’re overvalued.”
Is Whale-Driven Rebound a Possibility for PUMP?
AMBCrypto suggests whales defending support levels might spark a comeback. The RSI, at 43, is a “bullish crossover” in theory but still in bear territory. Bulls need to push the DMI above 17 and hold it above 24. If they fail, PUMP may retreat to $0.0034-where the bears will throw a garden party. 🎉
In conclusion: Whales are dancing, buyers are bold, and retail traders are as fickle as a London weather forecast. Will PUMP break $0.0045? Only time-and perhaps a few more whale ballets-will tell. 🐋✨
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2025-10-25 03:22