A certain whale has shorted PUMP and is currently facing a floating loss of $35 million, with a total floating loss in the account amounting to $44.1 million.
BlockBeats News, September 14th, according to EmberCN monitoring, the account named "btc@tuta.com" on Hyperliquid holds the largest PUMP short position, currently at a floating loss of 35 million.
He shorted 8.56 billion PUMP tokens with 5x leverage, with a position value of 64 million US dollars. The entry price was $0.00338, and the current PUMP price has more than doubled his entry price.
In addition to PUMP, he holds several other short positions, mainly in SOL and LINK. Currently, his total floating loss is as high as 44.1 million US dollars. However, transactions from this address are very frequent, so it may belong to an arbitrage/hedging address.
You may also like

China's AI Compute Power Counterstrike

Global Assets Plunge: Hormuz, Chips, and a South Korean Holiday

Bloomberg has reported twice, Hyperliquid once again in Wall Street's radar

Trump Backs Crypto Bill, SEC Halts Leveraged ETF, What Is the English-Speaking Crypto Community Talking About?

OpenClaw Floods Into Polymarket, Some Making Tens of Thousands Per Month

Understanding Trump's "Warfare Playbook": Ten Signals Investors Must Know

Iranian Missile Heading Toward UAE, Claude Also Within Range

Successive Core Team "Heroes" Depart, Has Aave's DAO Dream Crumbled?

Is This the Year of the Robot? A Deep Dive into Robotics Projects

When AI Takes Over Money: Bitcoin Becomes the "First Choice," Fiat Is Left Out
AI Trading in Live Markets: 4 Lessons From a WEEX Hackathon Top 10 Finalist
AI trading meets real markets. Explore 4 lessons from a WEEX Hackathon Top 10 finalist on surviving volatility, trusting AI models, and building smarter crypto trading systems.

MegaETH Co-founder: 48 Hours After Leaving Dubai, I Reassessed the Entire Crypto Space

Web3 Winter Mass Exodus: Resignations, Closures, Transformations, and Acquisitions

Key Market Information Discrepancy on March 4th — A Must-Read! | Alpha Morning Report

During the weekend market closure, Hyperliquid more accurately predicted the Gold reopening price than Binance

OpenClaw thrusts crypto project Venice.ai into the spotlight as its token VVV surges over 500% in a single month

Different Rulings in Similar Cases: Why can Uniswap go free while Tornado Cash cannot?
