In the fast-paced world of meme coins and blockchain investments, big players—often called "whales"—can make moves that turn heads and fill wallets. Recently, on-chain analysis firm Lookonchain spotlighted one such whale, @RegbilTrades, who pulled off an impressive trade with the $PUMP token, associated with the popular Solana-based meme coin launcher pump.fun.
According to the Lookonchain tweet, @RegbilTrades spent $6 million in USDC (a stablecoin pegged to the US dollar) to snag 1.5 billion $PUMP tokens during the public sale. They did this through six different wallets, a common strategy to spread risk or avoid drawing too much attention. But here's the smart part: they sold all of it at $0.0059 per token right before the price dropped, locking in a cool $2.85 million profit.
This kind of timing isn't luck—it's the result of keen market watching and on-chain savvy. Pump.fun is a platform that lets anyone create and launch meme coins on Solana with ease, and $PUMP is its native token. Public sales like this can be volatile, offering high rewards for those who get in early and exit at the peak.
But @RegbilTrades isn't just playing with meme coins. The analysis also revealed they've been active in more established projects. Two months ago, they deposited $11.1 million into Plasma, a blockchain designed specifically for stablecoin payments. Plasma aims to make transactions near-instant and fee-free with top-notch security, and it's backed by heavyweights like Bitfinex. Additionally, the whale spent $571.8K to participate in the $XPL public sale—Plasma's native token—which wrapped up in July 2025 with over $373 million in commitments, showing massive interest.
For context, $XPL is used for transactions and rewards within the Plasma ecosystem. The public sale was oversubscribed by more than 7x, highlighting the hype around this Bitcoin-based stablecoin network. If you're new to this, oversubscription means more money was pledged than tokens available, often leading to prorated allocations or higher post-sale prices.
Stories like this remind us why tracking whale activity is crucial in crypto. These big investors can signal trends or shifts in the market. @RegbilTrades' addresses were shared in the tweet for anyone wanting to dive deeper using tools like Etherscan or Solana explorers:
- 0x503c03c94ff7f681b47b3978324d472832b635c6 (Ethereum)
- 9H92F61zVpmbzjxDjpYtykRKcCd4f1nG7KYvqbyd9ttB (Solana)
- HDDr69p6RFuFFhrQduXG6KHE5p3phPCfFNg4SEDAEvU2 (Solana)
- 6GJMgGPc5Ys4zZQjitgADUHqn98qUDXGdRVNzppVnBb8 (Solana)
- 5kSzQBcxGX25457CjX2gKRdxSWJfj6tgSLfggeUz4UoU (Solana)
- H19Bb8hUcfGsQevq2gvnHesNfLiqAfnXPYupFhvUAVwq (Solana)
- BtrtpFGWA7pVn3gzxpZiTJsYV7Ew7WuhF6m63CBWwYTu (Solana)
If you're into meme tokens or looking to level up your blockchain knowledge, keep an eye on platforms like pump.fun and emerging chains like Plasma. Moves like this whale's could inspire your next trade—just remember, crypto is risky, and always do your own research.
What This Means for Meme Coin Enthusiasts
Meme coins thrive on community hype and quick flips, but whale involvement can amplify volatility. $PUMP's public sale drew attention because pump.fun has democratized meme coin creation, leading to hits and misses alike. This trade shows how presales can be lucrative if timed right, but selling before a "drop" (likely a price dip post-sale) is key to avoiding losses.
Plasma and $XPL: A Deeper Dive
Plasma isn't just another blockchain; it's tailored for stablecoins, promising institutional-grade security. The Plasma public sale ended with huge oversubscription, and $XPL's role in governance and fees makes it appealing for long-term holders. @RegbilTrades' $11.1M deposit and $571.8K spend suggest confidence in its future.
Stay tuned to Meme Insider for more breakdowns on whale trades, meme token launches, and blockchain innovations. Whether you're a degen trader or a strategic investor, understanding these moves can give you an edge in the crypto space.