Whales Accumulate Pump.fun (PUMP) After Trump Tariff Ban Boosts Risk Appetite

[cryptoenthusiast]

The recent decision by the Supreme Court of the United States to block former President Donald Trump’s tariffs has quietly improved global risk sentiment — and crypto whales appear to be responding. On-chain data shows large holders increased their positions in Pump.fun (PUMP) by 1.16% in just 24 hours, adding roughly 140 million tokens and bringing total whale holdings to 12.23 billion PUMP.

Technically, PUMP is forming an inverse head-and-shoulders pattern on the 12-hour chart, a classic bullish reversal setup. A breakout above the $0.0022 neckline could open the path toward $0.0035 — a potential 55% upside. However, a drop below $0.0019 would weaken momentum, and falling under $0.0016 would invalidate the setup entirely. For now, whale accumulation suggests cautious but strategic positioning.

[kevin1]

whales accumulating meme infrastructure tokens while retail debates macro policy is peak crypto.