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PUMP Leads All Network Liquidations in Past Hour, Second on Chain's PUMP Long List Liquidated for $14.3 Million
Summary: According to HyperInsight and CoinGlass monitoring, PUMP has dropped by about 8.4% to $0.00264, while FARTCOIN has fallen over 13% to $0.373. In the past hour, about 99% of the liquidations on the Hyperliquid platform for both coins were long positions, accounting for 97.6% and 95.5% of the total liquidation size for each coin, respectively. ...
According to HyperInsight and CoinGlass monitoring, PUMP has dropped by about 8.4% to $0.00264, while FARTCOIN has fallen over 13% to $0.373. In the past hour, about 99% of the liquidations on the Hyperliquid platform for both coins were long positions, accounting for 97.6% and 95.5% of the total liquidation size for each coin, respectively.
The massive liquidations were mainly caused by a whale address (0xbaa), which is the second largest long position for PUMP on the chain and the largest for FARTCOIN. Monitoring shows that the whale's PUMP long positions were hit with two large liquidations within half an hour, totaling approximately $14.32 million in losses, with about $470,000 in losses, and the next liquidation price is around $0.00218. FARTCOIN long positions were also liquidated for about $11.16 million, with the next liquidation price expected to be around $0.348. Currently, the whale account's total holdings have been reduced to around $5.86 million.
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Link: PUMP Leads All Network Liquidations in Past Hour, Second on Chain's PUMP Long List Liquidated for $14.3 Million [Copy]
