The primary whale of PUMP and FARTCOIN has completely exited the position, resulting in a recent liquidation of $31.3 million.
BlockBeats News, January 20th, according to HyperInsight monitoring, the whale address (0xbaa...) that was once the second largest long position on-chain for PUMP and the largest long position for FARTCOIN, after experiencing consecutive liquidations and huge losses, used the remaining approximately $10,000 funds yesterday to attempt to buy the dip, but soon closed the position and exited. The loss in the past 7 days exceeds $4 million.
This address suffered a heavy blow on January 15th, with its PUMP long position liquidated for about $14.32 million and its FARTCOIN long position liquidated for about $11.16 million. The total assets of the account plummeted from $4.1 million to less than $800,000, recording the largest single liquidation in the entire network. Subsequently, from January 16th to 19th, the address's positions were liquidated in multiple rounds, and the account funds were once close to zero, reaching below $20,000 at the lowest point.
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