Pump Fun price surges 14%: Whales make $5 million in profits possible

Pump.fun's price surged by more than 14% in 24 hours, with a market cap of $2.13 billion and daily trading volume exceeding $756 million. A whale, who invested $10 million, transferred 250 million tokens to Binance, making a profit of $5 million, while the number of tokens he held was 2.25 billion. Key drivers include: a $74 million on-chain transfer to Kraken boosted liquidity; Binance’s 350 million asset airdrop activity stimulated retail demand; and a technical breakthrough that broke through $0.0060. Resistance is between $0.0063-0.0065 and support is around $0.00585.