PUMP has recently experienced a large influx of capital. On-chain data shows that in just the past 16 hours, two addresses have been heavily accumulating, totaling 2.15 billion PUMP tokens, costing up to $3.87 million. This scale of operation is significant and reflects institutional or large investor confidence in the token. Such concentrated accumulation often indicates that the market may be poised for a new upward move and has attracted the attention of many traders.