PUMP fell below the private placement price, some whales still made a profit, and the Maji Brothers lost more than $4 million in long positions
Odaily News According to Spot On Chain data, the PUMP token price has fallen below the private placement price of $0.004, and the movements of whale funds are as follows:
Of the 10,145 pre-sale buyers, 12.7% are still holding, 31.6% have sold on DEX, only 2.7% continue to increase their positions, and 53% have transferred tokens to new wallets or CEX.
PUMP Top Fund 1 purchased 25 billion PUMPs for US$100 million, and has deposited 17.1 billion PUMPs (about US$89.5 million) in CEX. It still holds 7.99 billion PUMPs, with an estimated profit of US$19 million (+19%). PUMP Top Fund 2 purchased 12.5 billion PUMPs for US$50 million, all of which have now been deposited in CEX, with an estimated profit of US$21.4 million (+43%).
In terms of large holdings, the addresses 8UHpWB and 9Ucygi each purchased 20 billion PUMPs for US$80 million, with a current floating loss of US$6.19 million (-7.7%); the address 2WHL4X purchased 10 billion PUMPs for US$40 million, with a current floating loss of US$3.1 million (-7.7%).
In addition, Machi Big Brother currently holds a 5x leveraged long position of 355 million PUMPs, with a floating loss of approximately US$4.06 million; the Pump.fun fee account repurchased 3.34 billion PUMPs (approximately US$19.81 million) at an average price of US$0.00594 in the past week, and currently still holds 1.25 million SOLs (worth US$253.8 million).
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