Analysis: The news that “0.477% of wallets made more than $10,000 in profit on pump.fun” is not accurate

According to Lookonchain monitoring, the post about 0.477% of wallets making more than $10,000 in profit on pump.fun is inaccurate. The address ranked first on the Dune-related rankings only traded a Meme coin called $HP and only earned 4 SOL. The $33 million profit shown on the rankings is seriously exaggerated. Earlier news, according to the pump.fun platform transaction data shared by X user arndxt (@arndxt_xo): Only 70 traders (accounting for 0.0028%) made a profit of more than $1 million; 924 traders (accounting for 0.037%) made a profit of more than $100,000; 11,936 traders (accounting for 0.477%) made a profit of more than $10,000; 76,567 traders (accounting for 3.061%) made a profit of more than $1,000. Overall, only 20% of traders make a profit, while the remaining 80% suffer losses.