BlockBeats News, January 20, according to... HyperInsight Monitoring It was revealed that a whale address (0xbaa...) previously the second-largest long position holder in on-chain PUMP and the largest long position holder in FARTCOIN, after experiencing consecutive liquidations and massive losses, attempted to bottom-fish yesterday with only about $10,000 remaining, but soon closed the position and exited the market. Over the past 7 days, its losses have exceeded $4 million.
This address suffered a major blow on January 15, with its PUMP long position liquidated for approximately $14.32 million and its FARTCOIN long position liquidated for about $11.16 million. As a result, the account's total assets plummeted from $4.1 million to less than $800,000, marking the largest single liquidation event recorded across the network. Then, between January 16 and 19, the address continued to face multiple rounds of liquidations, with the account balance nearly reaching zero at its lowest point, dropping below $20,000.