Citing Coinomedia, a crypto whale wallet identified as BV2gzZ sold 307.27 million $PUMP tokens for $1.73 million, incurring a $582,000 loss. The tokens were purchased for $2.31 million just nine days earlier at $0.00753 per token, while the recent sale occurred at $0.00564 per token. The sharp price drop and large-volume move have drawn attention from traders and social media, with speculation about the cause ranging from poor project performance to market volatility.
Crypto Whale Suffers $582K Loss Selling $PUMP Tokens
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