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Whale 3.8 billion PUMP flows to exchange, March Holdings unrealized losses 12.22 million US dollars.
[Block Rhythm] The on-chain data monitoring platform Onchain Lens has recently captured a significant transfer worth following. A seasoned whale account has transferred 3.8 billion PUMP tokens to FalconX after holding them for 3 months, with the transfer amount equivalent to 7.57 million dollars.
Interestingly, the on-paper performance of this asset is not ideal. According to tracking, this whale extracted this batch of PUMP from a major exchange at a cost price of up to $19.53 million. From the initial investment to the current exit price, it has already incurred a floating loss of $12.22 million—equivalent to a total investment reduction of nearly 63%.
This move reflects the risk response strategies of large capital in the market and reminds investors of the true costs of market volatility.