PumpFun disclosed that in the past 7 days, it has repurchased $9.19 million worth of PUMP, and the related address previously cashed out $7.23 million.

ChainCatcher reports that PumpFun ecosystem accounts disclosed that over the past 7 days, PumpFun has repurchased approximately $9,195,312 worth of PUMP, bringing its total repurchase amount to $311,450,294, which accounts for about 27.1% of the current circulating supply.

Earlier on-chain monitoring showed that the wallet address associated with PumpFun, “77DsB,” has been continuously selling PUMP tokens, totaling 3.376 billion PUMP, in exchange for 7.23 million USDC.