Markets· ★★· bullish·

Whales Accumulate $3.6 Million in PUMP as Token Jumps 18%

  • —Whales accumulated 572.56 million PUMP worth $3.6 million, about 3% of daily volume
  • —Wallet "netherlol" made its first PUMP purchase in over a year, buying 383.34 million tokens for $2.4 million
  • —Another wallet withdrew 189.22 million PUMP worth $1.18 million from MEXC
  • —PUMP is up 18% in 24 hours and 46% in a week, with market cap near $3 billion
Why it matters: Futures turnover running 8.6 times above spot and 78% of liquidations being shorts point to a speculative rally.
Source: U.Today