A major whale address, previously holding significant long positions in PUMP and FARTCOIN, has faced severe liquidations totaling $31.3 million. Over the past week, the address incurred losses exceeding $4 million, with its PUMP position liquidated for $14.32 million and FARTCOIN for $11.16 million. The account's total assets have plummeted from $4.1 million to under $800,000, marking the largest single liquidation event on the network. Despite attempts to recover, the address's balance fell below $20,000, highlighting the volatility and risk in the crypto market.
Whale Liquidations in PUMP and FARTCOIN Exceed $31.3M
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