Whale Dumps 518M PUMP Tokens After 10-Month Hold, Realizes $580K Loss

BitcoinWorld Whale Dumps 518M PUMP Tokens After 10-Month Hold, Realizes $580K Loss An anonymous cryptocurrency whale has liquidated their entire position in PUMP tokens after holding for roughly 10 months, incurring a realized loss of approximately $580,000.

The transaction, which took place about an hour ago, was flagged by on-chain analyst EmberCN, who shared the details on social media.

Details of the Whale Transaction According to EmberCN, the whale originally acquired 518 million PUMP tokens in October last year, spending 2 million USDC. The average entry price was $0.00386 per token.

Today, the whale exited the entire position at an average price of $0.00274, receiving approximately 1.42 million SOL (worth about $1.42 million at current rates).