According to onchain analyst Yu Jin, Pump.fun completed its first team and investor token unlock today (July 15), transferring 57.279 billion PUMP tokens worth $86.49 million to 121 wallets. The unlock marks the end of the one-year lock-up period and the beginning of a three-year release cycle.
The completed unlock was smaller than earlier forecasts, which had estimated roughly 82.5 billion PUMP worth $127 million to $134 million would enter circulation. While the actual transfer came in below previous headline estimates, the 57.279 billion tokens still represent significant supply entering the market, with distribution across more than 100 wallets.