[Coin World] Another big fish is experiencing unrealized losses. According to monitoring from an on-chain data platform, a seasoned player recently transferred 3.8 billion PUMP Tokens to FalconX, with the market capitalization of this amount being approximately $7.57 million.
However, the truth of the story is a bit heartbreaking - this whale spent 19.53 million dollars to buy this batch of PUMP from a leading exchange three months ago. At that time, he certainly didn't expect that the three-month wait would turn into an unrealized losses of 12.22 million dollars.
From 19.53 million to 7.57 million, a drop of nearly 62%. This guy's holding period just happened to fall during the PUMP when the price was coming down from its peak. Choosing the wrong timing renders even the best coins ineffective. This is also a lesson from the market for all those chasing highs — there is no perfect entry, only good risk management.
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Whale transferred 3.8 billion PUMP Tokens to FalconX, with unrealized losses of 12 million over 3 months.
[Coin World] Another big fish is experiencing unrealized losses. According to monitoring from an on-chain data platform, a seasoned player recently transferred 3.8 billion PUMP Tokens to FalconX, with the market capitalization of this amount being approximately $7.57 million.
However, the truth of the story is a bit heartbreaking - this whale spent 19.53 million dollars to buy this batch of PUMP from a leading exchange three months ago. At that time, he certainly didn't expect that the three-month wait would turn into an unrealized losses of 12.22 million dollars.
From 19.53 million to 7.57 million, a drop of nearly 62%. This guy's holding period just happened to fall during the PUMP when the price was coming down from its peak. Choosing the wrong timing renders even the best coins ineffective. This is also a lesson from the market for all those chasing highs — there is no perfect entry, only good risk management.