Almost all traders on Pump.fun, a decentralized platform for creating Solana-based memecoins, have yet to realize above $10,000 in total profits, according to recent Dune data.
However, an onchain analyst argues that the data does not accurately reflect the number of profitable crypto traders on the platform.
“If you’ve realized $10,000 trading Pump.fun’s tokens, you’re a top 0.412% wallet,” Dune analyst Adam Tehc stated in a Jan. 10 X post.
Realized profit or loss is calculated only after traders have closed their positions by selling their crypto holdings.
Most Traders Fall Below $10,000 Profit
According to Dune data, of the 13.55 million total Pump.fun wallet addresses, only about 55,296 have realized profits exceeding $10,000.
No information published in Crypto Intelligence News constitutes financial advice; crypto investments are high-risk and speculative in nature.
