On July 14, 2026, 52.7 billion PUMP allocated to the team and early investors unlocked, worth roughly $80 million at the time. The tokens moved from a vesting vault through one-time hop wallets into 84 final addresses. In the 27 days since, those wallets have sold 4.03 billion tokens for $6.97 million, a blended exit of $0.00173. That is 7.6% of the allocation. 62 wallets have not sold a single token, 13 sold everything, and what selling did occur was front-loaded, with 84% clearing by July 20.
PUMP insider selling since the July cliff unlock

The 20 smallest wallets sold half of what they received, the 100 to 500 million band sold a quarter, and the 14 wallets holding between 1 and 2 billion PUMP, 19.7 billion tokens between them, have not moved one. Every token sold from the largest band traces to a single address.
Five addresses account for 78% of everything sold. The largest (AbVP…g9AL) received 2 billion tokens and fed 1.45 billion into Bybit and Binance for $2.54 million, and the other four (ChbM…45Tb, 3JDA…PS2R, D6qK…sEgk, 6oTY…WPg2) exited fully through Binance and Coinbase for $3.1 million combined. All but the largest were done by July 20, its final 584 million token clip went out on July 30 at $0.00195, and since then the entire cohort has sold roughly $90,000 worth.
The selling is, for now, over.

The buyback is a fixed 50% of revenue, and the week the unlock landed sat more than 50% below its late April level. The sellers' blended $0.00173 lands on the trough almost to the day. Everyone else held 52.7 billion newly liquid tokens straight through the bottom. Revenue reclaimed its April baseline in the last week of July, price followed, and PUMP trades near $0.0028 as of August 10, roughly 60% above where the sellers got out.
Pump.fun daily buyback and burn
From August 11 the schedule drips 6.87 billion PUMP a month until July 2029, about $19 million of potential monthly supply at today's price. Against it the buyback, $424.65 million burned and 15.8% of supply removed since July 2025, spends roughly $15 million a month on $361 million of annualized revenue. On paper that covers roughly 80 cents of every vested dollar. In practice July's cohort sold 7.6% of what it received, and August has since offered every holder a better price than any of the five sellers got. This is not a cohort waiting for a green candle to sell into.
The author of this report may have personal holdings or financial interests in assets or tokens discussed herein. However, the author affirms that no transactions have conducted using material non-public information obtained in the course of research or drafting. This report is intended solely for general information purposes and does not constitute legal, business, investment, or tax advice. It should not be used as a basis for making any investment decisions or as guidance for accounting, legal, or tax matters. Any references to specific assets or securities are made for informational purposes only and should not be construed as an offer, solicitation, or recommendation to invest. The opinions expressed herein are those of the author and may not reflect the views of any affiliated institutions, organizations, or individuals. The opinions and analyses expressed herein are subject to change without prior notice. In addition, beyond the individual disclosures included in each report, Four Pillars, may hold existing or prospective investments in some of the assets or protocols discussed herein. Furthermore, FP Validated, a division of Four Pillars, may already be operating as a node in certain networks or protocols discussed herein or may do so in the future. Please see below links in the footer for FP Validated's participating network disclosures and for broader disclosure details.



