Pump.fun transferred 12,000 SOL to the buyback execution address 3 hours ago

According to ChainCatcher, as monitored by EmberCN, Pump.fun transferred 12,000 SOL (approximately $2.16 million) to the address executing PUMP buybacks three hours ago, to be used for continued repurchases. On July 16, Pump.fun transferred 187,770 SOL (about $30.53 million) from its fee wallet for PUMP buybacks. So far, 129,100 SOL (around $21.5 million) has been used to purchase 3.828 billion PUMP tokens, with an average buyback price of $0.0056.

The higher average buyback price is mainly because most purchases were made on July 16, when the price of PUMP was above $0.006.