A certain multi-signature address raised $70 million from various institutions over the past week, potentially related to Pump.fun's token issuance.

BlockBeats News, on June 19, according to Lookonchain's monitoring, a certain multi-signature wallet raised $70 million in USDT and USDC from institutions and large investors over the past week.

Lookonchain's analysis indicates that the address might be related to Pump.fun token issuance.