$PUMP ๐ถ๐ ๐ฑ๐ผ๐๐ป ๐ต% ๐๐ผ๐ฑ๐ฎ๐, ๐ฎ๐ป๐ฑ ๐ผ๐ป๐ฒ ๐๐ต๐ฎ๐น๐ฒ ๐ณ๐น๐ถ๐ฝ๐ฝ๐ฒ๐ฑ ๐ณ๐ฟ๐ผ๐บ ๐น๐ผ๐ป๐ด ๐๐ผ ๐๐ต๐ผ๐ฟ๐.
Pump.fun slid from about $0.0065 to near $0.0058, with $452M traded on Binance Futures in 24 hours.
Lookonchain flagged a trader who closed 1B PUMP in longs at a loss, then opened a 1.5B PUMP short near $0.0060.
There's no Pump.fun-specific news. It's moving with a weak memecoin tape, and open interest is down about 13% as leverage leaves.
One big short, or the start of a trend?
NFA.
#PumpFun #BinanceFutures
Pump.fun slid from about $0.0065 to near $0.0058, with $452M traded on Binance Futures in 24 hours.
Lookonchain flagged a trader who closed 1B PUMP in longs at a loss, then opened a 1.5B PUMP short near $0.0060.
There's no Pump.fun-specific news. It's moving with a weak memecoin tape, and open interest is down about 13% as leverage leaves.
One big short, or the start of a trend?
NFA.
#PumpFun #BinanceFutures