Nearly 60% of PUMP pre-sale participants have sold or transferred their tokens to CEX or other wallets

According to Cointelegraph, BitMEX data shows that nearly 60% of pre-sale participants in Pump.fun's initial coin offering (IC0) have sold or transferred tokens to centralized exchanges (CEX) or other wallets. Specifically, out of 10145 participants, 6042 wallets (59.6%) have sold or transferred tokens, 3791 wallets (37.4%) continue to hold, and 312 wallets (3%) increased their holdings one week later.