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Two wallet addresses acquired 2.15 billion PUMP tokens, valued at $3.87 million, over a 16-hour period, signaling a significant accumulation event.
A major PUMP token holder sold their entire position after a three-month hold, realizing a loss of $12.22 million.
UNUS SED LEO (LEO) token experienced a significant price drop of 23.67%, settling at $7.03, while Midnight (NIGHT) token increased by 19.20%.
The U.S. Federal Reserve's 25 basis point rate cut prompted a market sell-off in crypto, as the widely expected move failed to inject new momentum. Altcoins experienced significant losses amid low liquidity conditions, diverging from traditional assets like gold.
