Pump.fun founder: Dune data statistics error, 30% of wallets have only made one sale transaction

According to News.bitcoin, Santander, one of the world's largest banking groups, highlighted in a report the significant growth of El Salvador's tourism industry, which is closely related to the country's acceptance of Bitcoin. The report provides a detailed account of El Salvador's adoption of BTC as its legal tender in 2021, and how it has transformed the country into a unique destination for travelers, especially cryptocurrency enthusiasts. According to Salvadoran authorities, the country received 3.9 million tourists in 2024, an increase of 22% from the previous year. The influx of tourists is mainly driven by American tourists, many of whom are attracted by the novelty of experiencing Bitcoin transactions in their daily lives. Santander Bank's analysis links this growth to improvements in security conditions and points out that the country's annual homicide rate has dropped to only 114 in 2024, a significant decrease from the peak of 6656 in 2015. The decline in crime rates combined with curiosity about Bitcoin has made El Salvador stand out in the global tourism market.

According to official data, in the seven days ending January 9th, Circle issued approximately 3.7 billion USDC, redeemed approximately 2.7 billion USDC, and increased circulation by approximately 1 billion coins. The total circulation of USDC is 45.3 billion pieces, with reserves of approximately 45.5 billion US dollars, including cash of approximately 5.2 billion US dollars, and Circle Reserve Fund holding approximately 40.3 billion US dollars.

Odaily Planet Daily News: Glassnode published an article on X platform stating that the Short Term Holder (STH) cost model of Bitcoin is crucial for measuring the sentiment of new investors. From a historical perspective, this model tracks market lows during bull market cycles and distinguishes between bull and bear markets. At present, the BTC price is about 7% higher than the STH cost price ($88135). If the price remains stable below that level, it may indicate that the sentiment of new investors is weakening - this is usually a turning point in the market trend

According to Lookonchain monitoring, two hours ago, a whale sold 5 million swaps for a profit of 7232 SOL ($1.35 million). This whale spent $458000 14 days ago to purchase 20 million swaps and currently holds 15 million swaps ($4.02 million) with a total profit of $4.9 million.

Odaily Planet Daily News: In response to the previous Dune data showing that "there are only 54724 wallet addresses on pump.fun that make over $10000 in profits", pump.fun founder Alon stated in an article on X platform that the data is not accurate and the data published by the data publisher has the following issues: Not including the purchase of tokens already bound to Raydium, most of the profits are generated after the token is bound. This means that if you purchase Fartcoin for $200000 and sell it today (with a return of over 4000 times), your profit or loss will be $0, which is strange. The actual number of wallets with profits and large profits may be one order of magnitude larger than the displayed quantity. Not considering unrealized profits. Some of the most profitable wallets are those who firmly believe in the tokens they bought early on, which means that if you purchase PNUT on pump.fun for $40000 and hold it until today, your profit to loss ratio data will be negative. Many of the over 13 million traders are robots and AI agents. About 30% of wallets have only made one transaction, which is a sale. These wallet activities cannot be backed by real human users.