2025-12-23 23:21:53

A certain on-chain data platform recently captured the operational trajectory of an unusually active Whale address 3QB9kH, and the story behind it is a textbook market lesson.

Since mid-September, this whale has been on the move. Over the course of two months, he has gradually accumulated PUMP tokens from major exchanges, totaling 3.806 billion tokens, with an investment of 19.53 million dollars, averaging a purchase price of 0.00513 dollars. It seems like the logic is clear, the funds are sufficient, and he appears confident.

But the good times didn't last long. In the past 3 days, this Whale suddenly changed course and moved all 3.806 billion PUMP (which had dropped to a market value of 7.3 million USD) to the FalconX platform to cash out. There was no rebound, no reversal, just a clean exit.

When the final bill came out, reality slapped him hard – a cumulative loss of over $12 million, with a decline of 62%. From fully investing to awkwardly cutting losses, from expecting to double his investment to facing a halving, this Whale wrote the most brutal lesson in the market with real money.

For those traders who like to go all in on a particular cryptocurrency, this case might be worth pondering. The market never accommodates anyone's expectations, no matter how many zeros are in your account.

PUMP0.05%

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AllInDaddy

· 16h ago

12 million dollars just disappeared, my god, luckily I didn't go all in pump --- This is why I only dare to go all in with money I can afford to lose; even Whales can get slaughtered, what about us? --- 3.8 billion coins swept in, but in the end, it's still going to be a play people for suckers, what does this show? No one can buy the dip. --- Two months of chips all flipped in two days, I really want to know what this guy was thinking in the end. --- So ruthless, 19.53 million went in, and in the end only 7.5 million left; this is the price of going all in. --- 62% fall, how desperate must that be? But then again, it is quite deserved. --- Why put all your wealth into one coin? You really deserve it.

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AirdropHunterWang