On July 20, a trader quickly opened a 10x leveraged long position on PUMP after Ansem bought into the token, according to on-chain tracking account Lookonchain cited by BlockBeats. The position was valued at about $1.53 million and covered 764.14 million PUMP. Lookonchain said the move came after Ansem spent 1,500 SOL, worth roughly $115,000, to buy PUMP. No other details about the trader were disclosed in the report. The trade was flagged as a notable whale-style move given the size of the position and the use of leverage.
BlockBeats reported on July 20, citing Lookonchain, that after Ansem bought PUMP with 1,500 SOL, worth about $115,000, a trader quickly opened a 10x leveraged long position in PUMP.
The position was valued at $1.53 million and amounted to 764.14 million PUMP.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
