PUMP and FARTCOIN have experienced significant liquidations, with a whale address suffering substantial losses. PUMP's price dropped 8.4% to $0.00264, while FARTCOIN fell over 13% to $0.373. On the Hyperliquid platform, 99% of liquidation orders for both tokens were long positions, accounting for 97.6% and 95.5% of the total liquidation volume, respectively.
The whale address, identified as 0xbaa, is the second-largest long position holder for PUMP and the largest for FARTCOIN. It faced two major liquidations within 30 minutes, resulting in a $14.32 million liquidation for PUMP and a $470,000 loss. FARTCOIN positions were liquidated for $11.16 million. The whale's total position size has now decreased to approximately $5.86 million, with further liquidations anticipated if prices fall to $0.00218 for PUMP and $0.348 for FARTCOIN.
PUMP and FARTCOIN Face Massive Liquidations, Whale Address Hit Hard
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