60% of Pump.fun Wallet Addresses Report Losses Ahead of PUMP Token Launch
The upcoming launch of the PUMP token on the Solana platform, Pump.fun, highlights significant losses among users:
- 60% of wallet addresses are at a loss
- 1,700 wallets report losses exceeding $100,000
- 46 wallets have lost over $1 million
- 2.4 million out of 4.257 million trading addresses (56.6%) show cumulative losses between $0 and $1,000
- Only 5,000 addresses achieved profits over $100,000
- Averages indicate 21.5% of wallets earned profits between $0 and $1,000
Trading bots may be inflating volume on Pump.fun, raising concerns about manipulation and liquidity. A report indicates that 98% of tokens on Pump.fun are flagged as scams or fraudulent, with just 1.4% showing genuine liquidity.
Despite user losses, Pump.fun generated $300 million in fees in 2025, surpassing Ethereum. The platform aims to raise $1 billion through the PUMP token launch, which could induce selling pressure on Solana as investors redirect capital.
Analyst Miles Deutscher expressed concerns regarding the timing of the launch and its impact on market sentiment.