PUMP, the memecoin associated with Pump.fun, rallied 31% to reach a high of $0.008456 on September 14, 2025, before slightly retracing to $0.0082. During this surge, its market capitalization increased by 23% to a new all-time high of $2.8 billion, while trading volume jumped 47% to $904 million, indicating robust capital inflow and on-chain activity.
Whales played a significant role, accumulating 3.24 billion tokens on September 14, though this was a decrease from the 6.25 billion purchased on September 13. Buy volume dominated, with 17.7 billion compared to 15.8 billion in sell volume, resulting in a positive delta of 1.9 billion. Whale balance change remained positive for six consecutive days, peaking at 3.1 billion before dropping to 1.8 billion.
Despite the bullish momentum, profit-taking emerged, with spot netflow decreasing to $3.2 million from $20 million on September 13. A specific whale address, "3xAMM", dumped 250 million PUMP tokens worth $1.53 million on Binance but still holds 2.25 billion PUMP valued at $13.6 million. Technical indicators show RSI at 85 (overbought) and CMF at 0.26, suggesting buyer dominance but potential reversal risks. If accumulation continues, PUMP could target $0.01, but a drop to $0.0068 is possible if selling pressure intensifies.