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From 4.2 million to 200,000: How this whale lost 4 million on PUMP and FARTCOIN
【BlockBeats】A former market whale experienced a brutal decline from peak to trough within just six days.
According to on-chain data monitoring, this address was once the second-largest long position in PUMP and the largest long in FARTCOIN. But starting from January 15, misfortune struck one after another. On that day, its PUMP long position was liquidated for $14.32 million, and its FARTCOIN long was also closed out for $11.16 million. The account assets plummeted from $4.1 million to less than $800,000, setting the largest single liquidation record across the entire network.
Even more tragic was the subsequent chain reaction. From January 16 to 19, the holdings of this address continued to be liquidated in multiple rounds, with the account funds constantly evaporating. By January 20, the whale, with only about $10,000 left, attempted to buy the dip and turn things around but quickly chose to close the position and exit. At its lowest, the account balance was less than $20,000.
In just seven days, nearly $4 million vanished into thin air. This once-dominant whale has now become the most silent spectator in the market.