A year ago, this whale bought into SOL at the top, and now they're swapping staking rewards for PUMP. Is this whale using their losses to play a new narrative, or do they genuinely believe memes can make a comeback?

SOL-3.06%
PUMP0.06%
MEME-1.28%
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CoinNetwork
Crypto World News, according to Lookonchain monitoring, whale address 4z56a1 started buying $PUMP after a year of dormancy, spending 5000 SOL (approximately $358k) to purchase 358k $PUMP. The whale had purchased 10,957 SOL (approximately $2.6 million) at a price of $237 more than a year ago and staked them. Despite earning 1,206 SOL in staking rewards, the position still has a loss of over $1.7 million (down 66%) due to price drops.
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