2.299 billion PUMP transferred to FalconX: Whale's three-month holdings may face a $5 million unrealized loss

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【CryptoWorld】On-chain data shows that a whale had a new move early this morning—two of its wallet addresses simultaneously transferred a total of 2,299,000,000 PUMP to FalconX. At the current price, this amounts to approximately $6.3 million.

Looking into the whale’s historical activity, it’s quite interesting. For over three months, it has been continuously increasing its PUMP holdings, but luck doesn’t seem to be on its side—the entry points have been close to all-time highs. Later, as the price retraced several times, it bought more during the dips, gradually lowering the average cost.

The current issue is that if this whale liquidates its PUMP holdings now, based on the current market price, it would incur a loss of nearly $5 million. So, is today’s transfer an attempt to exit, or just a repositioning? That depends on subsequent actions. Such large transfers always tend to attract market attention—after all, a whale’s every move can shake market sentiment.

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ImpermanentPhobiavip
· 19h ago
Here we go again with the story of cutting leeks. This whale is probably about to dump the market. This guy was lucky with 5 million yuan. I bet 5 yuan he can't resist the urge to sell all his assets in a panic. Transferring to FalconX? Haha, this is to orchestrate the sell-off. Three months ago, I bottomed out at a historical high. With this level of understanding, what are you playing at with whales? I think you're a catfish. I've seen too many tricks of buying more as the price drops. In the end, you either get buried alive or get dumped on to harvest the market. There's no third outcome. The PUMP token itself is ridiculous. It's no wonder whales are so deeply trapped. Looking at the subsequent trend, it feels like the big show is just beginning.
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ParkYeonvip
· 12-13 07:23
Will this be suitable for getting on board?
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MidnightMEVeatervip
· 12-13 07:10
Another whale buying at a historical high. I've seen this move too many times... Is moving into FalconX to take a gamble or truly giving up?
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GateUser-a606bf0cvip
· 12-13 07:09
Oh no, why is this whale so unlucky? Entering near the high point and keeps pouring money in... Is transferring to the exchange to run away or to truly average down? It's really nerve-wracking to watch. A floating loss of 5 million... Brother, this move is really ruthless. I would have already given up. PUMP really knows how to mess with people. Let's wait and see how this whale's story unfolds. As soon as a large transfer happens, is the market about to stir again...
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Degen4Breakfastvip
· 12-13 07:09
Ha, this whale really can buy the dip... but the more they buy, the more they lose. Seeing the unrealized loss of $5 million is really painful. Is transferring to FalconX to run away or just to switch to another wallet? The pace is a bit uncertain.
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GasFeeCryervip
· 12-13 07:06
This whale is really something else. Running into the market at the all-time high to buy in, then throwing in 5 million and still wanting to hold back? Bro, that's not averaging down, that's suicide.
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SelfStakingvip
· 12-13 07:04
Oh no, it's the old trick of entering near the high point again. This whale probably can't hold on anymore. At times like this, FalconX is clearly preparing to dump. A $5 million unrealized loss must be really painful. PUMP really is something that when big players move, the whole network follows. That's the most terrifying part. Transferring to an exchange = a signal to take action? Need to keep a close eye on the follow-up. It feels like the market is about to shake a bit.
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BlockchainBrokenPromisevip
· 12-13 06:52
Wow, this whale is really unlucky. Investing 2.2 billion PUMP tokens and still losing 5 million, how unlucky can it get?
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BottomMisservip
· 12-13 06:48
Oh wow, this whale is really unlucky. Buying more as it drops from a high point, I totally get it. Wait, is FalconX trying to dump, or is it just relocating? A $5 million loss—how much mental resilience does it take to hold on until now? I bet it will keep buying. Whales with this kind of obsession either get extremely rich or get wiped out—no middle ground. Same pattern, just different whales. We're all just betting out of frustration.
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