Whale Withdraws Another 1B PUMP, Gains Soar

A crypto whale has withdrawn another 1B PUMP tokens from Bybit, now sitting on over $20.5M in unrealized gains.

Ava NakamuraSeptember 15, 2025 - 7:00 AM

Crypto whale withdraws PUMP tokens from Bybit with massive unrealized profit

Market

Whale withdraws 1B PUMP worth $8.5M from Bybit
Previous 4B PUMP withdrawal now highly profitable
Total unrealized profit exceeds $20.5 million

A prominent crypto whale, identified by the wallet KMhcqN, has once again made waves in the crypto market. Just five hours ago, the whale withdrew 1 billion PUMP tokens, valued at $8.5 million, from the cryptocurrency exchange Bybit.

This isn’t the first significant move by this whale. Twenty-six days ago, the same address withdrew 4 billion PUMP tokens—then valued at $11.32 million—at a price of $0.00283. With the price surge since that time, the whale is now sitting on an unrealized profit exceeding $20.5 million.

Tracking the Whale’s Strategy

The whale’s behavior suggests a strong belief in PUMP’s price potential. Withdrawing tokens from exchanges like Bybit often indicates a long-term holding strategy or preparation for staking, as opposed to selling. These large, repeated withdrawals send a clear message: this whale is betting big on PUMP.

Currently, with the 5 billion PUMP tokens moved off-exchange, the average entry price is far below its current valuation—allowing the whale to enjoy multi-million dollar paper gains.

Such whale activity can be a bullish signal for retail investors, though it also introduces volatility. If whales decide to sell, it could pressure the market.

Whale KMhcqN withdrew another 1B $PUMP($8.5M) from #Bybit 5 hours ago.

This whale originally withdrew 4B $PUMP($11.32M) from #Bybit 26 days ago at $0.00283, and is now sitting on an unrealized profit of over $20.5M.https://t.co/j3nAb4qRGa pic.twitter.com/W7pj9RHXEj
— Lookonchain (@lookonchain) September 15, 2025

What This Means for PUMP Holders

The continued accumulation of PUMP by high-net-worth individuals could indicate institutional or insider confidence. While this doesn’t guarantee future performance, it often draws increased attention from traders and investors.

As always, retail investors should exercise caution, perform their own research, and not simply follow whale moves blindly. But there’s no doubt: this latest withdrawal has put PUMP back on the radar.

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