A whale address transferred about 2.3 billion PUMP to an exchange early this morning, and would incur a loss of approximately $5 million if sold.
According to ChainCatcher, Arkham monitoring shows that two wallet addresses (9uuDsd and 9jnPPD) belonging to the same whale have transferred a total of 2.299 billion PUMP tokens to FalconX, worth approximately $6.3 million. Historical data indicates that this whale has been continuously accumulating PUMP tokens for over three months, but entered the market near the price peak and subsequently increased holdings during several market corrections. If these tokens are sold now, the whale would realize a loss of about $5 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bloomberg Analyst: Bitcoin Could Plummet 88% to $10,000 by 2026
A whale holding $3.5 million in assets swapped 50,000 KTA for 320,000 EDEL.
Bitget TradFi section enters public beta, allowing trading of gold, forex, and other assets within the same account
Smart money wyzq.eth sold all RAVE for a profit of over $100,000, with a return rate of 83%
