Hyperliquid whale holds $3.24M PUMP long with 504% unrealized gain
- —Position: about 501M PUMP in a 5x long worth $3.24M
- —Average entry price $0.0032, unrealized profit about $1.625M
- —Position return estimated at 504% with PUMP near $0.0065
- —PUMP gained about 18.5% over 24 hours
Why it matters: Large profitable PUMP longs signal persistent demand for the token, but a price reversal could trigger sharp liquidations.
Source: TokenPost