Whale Sells 3.75 Billion PUMP Tokens, Suffers $6.98 Million Loss

Whale Massively Dumps PUMP Tokens

According to blockchain monitoring data, on February 22, a whale holding a massive amount of PUMP tokens conducted a large-scale sell-off over the past five days. The data showed that this user sold a total of 3.75 billion tokens at an average price of $0.00214, worth approximately $8.02 million.

A $6.98 Million Loss

Despite the sale value reaching $8.02 million, the whale still suffered a loss of around $6.98 million due to a high purchase cost. This move could indicate a lack of confidence in PUMP's future price trajectory or signal a need for liquidity.

Market Impact Analysis

• Massive selling could trigger short-term price volatility
• Market sentiment might be influenced by whale activity
• Investors should remain cautious of high-risk token fluctuations