PUMP Token Sees Massive Whale Accumulation
Smart money is stacking $PUMP tokens while retail chases AI projects, with 11 new wallets pulling 7.21B $PUMP tokens off exchanges in just 10 days. Other altcoins showing whale interest include $GITC +83.8%, $CMN +39.6%, and $HARBOR +54.7% according to on-chain analysts tracking smart money flows.
While large investors are accumulating PUMP tokens, a wallet connected to the Pump.fun development team sent 1.757 billion PUMP, worth about $3.54 million, to the Bitget exchange. The wallet in question still retains 12.3 billion PUMP, valued at approximately $24.77 million. This transfer from a team-linked wallet has not been the only major movement for the token. In February, a wallet address historically associated with the project's official custody wallet sold 2.07 billion PUMP tokens, realizing an estimated $4.55 million. Despite these large transactions, which can sometimes be precursors to selling pressure, the Pump.fun platform is demonstrating strong fundamentals. On-chain data indicates the ecosystem is generating approximately $1.3 million in daily revenue, and its launchpad volume recently reached $101.8 million, the second-highest for the year, suggesting sustained user activity. The other altcoins on the radar of smart money have diverse backgrounds. GITC (GITCITY) is a token operating on the Base blockchain with a market capitalization of around $343,000 as of early March 2026. Crypto Media Network (CMN) is a BEP-20 token on the BNB Smart Chain. The project aims to establish an unbiased media platform to deliver accurate analysis of crypto products and market trends. Harbor (HBR) initially focused on the tokenization of private securities, such as real estate, and was backed by Andreessen Horowitz. The project has since evolved and recently raised $4.2 million to build a high-performance, cross-chain decentralized trading platform.
