A certain PUMP private sale participant institution transferred 3.75 billion PUMP tokens to Coinbase, equivalent to around $14.3 million.

BlockBeats News, July 24th, according to EmberCN monitoring, an institution that used 15 million USDC to privately place 3.75 billion PUMP transferred all tokens (about $14.3 million) to Coinbase Prime.

The institution suffered a $700,000 loss on PUMP, participated in the private placement with 15 million USDC, and the current remaining value is $14.3 million.