Two Whales Dumped This Altcoin: Sold in Bulk

According to data from on-chain tracking platform Lookonchain, two major whale addresses profited by selling $PUMP tokens they purchased approximately two months ago.

• Address 6AkVuG sold 466.74 million PUMPs (approximately $3.27 million) for a profit of $1.96 million (+149%).
• Address 58teLV sold 272.24 million PUMPs (approximately $1.95 million) for a profit of $1.16 million (+133%).

Meanwhile, Huang Licheng, known as “Machi Big Brother” in the cryptocurrency market, is facing significant losses due to high leverage. According to Onchain Lens data, Huang opened a short position in $ASTER with 3x leverage. He also holds 15x long positions in ETH and 5x long positions in $PUMP and HYPE. These trades have resulted in an unrealized loss of approximately $4 million.

On the other hand, some whales continue to open new positions:

• A whale named “fluffcatto.eth” opened a 5x leveraged $PUMP long position by depositing 1.22 million USDC on the Hyperliquid exchange.
• According to EmberCN data, another whale purchased 6.48 million ASTERs (average price $1.15) using 7.5 million USDT in the last 4 hours and withdrew the tokens to his on-chain wallet.

*This is not investment advice.