PUMP Suffers $14.3M Liquidation as Whale Address Gets Heavily Cleared

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Whale activity triggered a major liquidation on January 15 as PUMP dropped 8.4% to $0.00264. The second-largest PUMP long and the top FARTCOIN long, whale address 0xbaa, faced $14.32 million in PUMP and $11.16 million in FARTCOIN being liquidated within 30 minutes. The whale's movements caused losses of approximately $470,000, with the next potential PUMP liquidation expected near $0.00218. The whale's total position is now valued at $5.86 million.

BlockBeats News, on January 15, according to... HyperInsight According to CoinGlass monitoring, PUMP has dropped approximately 8.4% in the short term, currently trading at $0.00264; FARTCOIN has fallen over 13%, now at $0.373. In the past hour, about 99% of liquidation orders for both tokens on the Hyperliquid platform were long positions, accounting for 97.6% and 95.5% of the total liquidation volume for each token across the entire network, respectively.


This large-scale liquidation mainly originated from a whale address (0xbaa). This address is also the second-largest long position for PUMP on-chain and the largest long position for FARTCOIN. Monitoring shows that its PUMP long positions were hit by two large-scale liquidations within half an hour, totaling approximately $14.32 million, with a loss of about $470,000. The next round of liquidation is expected to occur near $0.00218. The FARTCOIN long positions were also liquidated for about $11.16 million, with the next round of liquidation expected around $0.348. Currently, the total position size of this whale account has been reduced to approximately $5.86 million.

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