Der obere PUMP-Halter wirft den gesamten Stapel mit einem Verlust von 62 % ab

tldr; A major holder of Pump.fun’s PUMP token sold their entire 3.8 billion token stack to FalconX, incurring a $12 million loss (-62%). PUMP has dropped 71% in 90 days and 12% in 24 hours, making it one of the worst-performing tokens. The whale had accumulated the tokens between September and November at an average price of $0.00513, but sold at $0.00167. Similarly, another whale exited Ethena (ENA) at a significant loss, as ENA has fallen 67% in 90 days. The crypto market continues to struggle, with meme coins and speculative assets hit hardest.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Surprising nobody — the PUMP token is a huge scam

The founders accrued this massive $2B treasury from fees and token sale, which they’re probably using to pay themselves an annual dividend

Imagine: they can put spread the treasury across TBills, CLOs, ETFs and hedge fund LP positions and get 6-15% APY on the whole treasury, while paying themselves 2-4% annual dividends out of it. This is the current playbook

This is the most crypto thing ever said 

This is why day trading crypto is the way.

There’s too much incertainty regarding hodling altcoins