Pump.fun distributed 57.279 billion $PUMP tokens across 121 wallets on July 15, putting approximately $86.49 million worth of previously locked tokens into the hands of team members and early investors. One wallet alone received roughly 52.039 billion tokens, worth an estimated $78.58 million.

This latest distribution came just three days after a larger cliff unlock on July 12, when 82.5 billion $PUMP tokens, valued between $127 million and $130 million, were released. Of that batch, 50 billion went to team members and 32.5 billion went to investors.

Combined, that’s roughly 140 billion tokens unlocked in under a week. $PUMP has a total supply of 1 trillion tokens, with team allocation accounting for around 20% and existing investors holding about 13%.

Recent daily trading volume for $PUMP has ranged from $55 million to $142 million. If recipients dumped even a fraction of the $86.49 million unlock in a single session, it could overwhelm a typical trading day’s liquidity. When one wallet holds $78.58 million worth of a single token, every move that wallet makes becomes a market event.

$PUMP launched via an ICO in July 2025, raising hundreds of millions of dollars and establishing a fully diluted valuation of approximately $4 billion. The tokenomics included a 12-month lockup period for team and investor allocations, followed by a linear vesting schedule that stretches over three years.