On the Eve of the Pump.fun Airdrop, Approximately 2 Billion PUMP Tokens Suspected to Have Flowed Back from an Exchange to the Project Team’s Address

According to ChainCatcher, on-chain analyst AiYi (@ai_9684xtpa) has monitored that approximately 2 billion PUMP tokens have allegedly been transferred from a certain exchange's hot wallet back to an address associated with the project team. After being deposited into the exchange a week ago, these tokens were moved to an address starting with 9SnqX, and about half an hour ago, they were transferred back in batches from that address.The analyst noted that tomorrow is the scheduled date for the airdrop distribution.