People calling out liquid funds for selling their Pump for an immediate 25% gain in 2 days.
So funds are suppose to not take free money? We're now getting angry at people for putting on profitable trades? There were morons willing to pay $6b for something clearly not even worth $1b.
Trading is NOT a team sport.

Twitter

The macroeconomic environment we are familiar with is changing.

Luke Gromen: Why I Sold Most of My Bitcoin at the End of 2025

According to ME News, on December 28th (UTC+8), Coinbob's hot address monitoring showed that the "alt short seller" transferred $2 million to Hyperliquid yesterday and then established a short position in ZEC around $446. The current position size is approximately $1.32 million, with an average price of $479, and the address is still adding to its position as of press time. This address had already liquidated its positions in MON, ZEC, and Trump before Christmas this week, and significantly closed out its short positions in ASTER, UNI, PUMP, and other cryptocurrencies...

The "fake short seller" returned to the short after the holiday to add to short positions, profiting from previously closed short positions in UNI, ZEC, etc. at low points.

Polymarket 2025 Six Profitable Models In-Depth Report: Starting with 95 Million On-Chain Transactions

Everyone is always looking for someone to blame. Take accountability for your own PnL and try to make less shitty trades. Good job to anyone who printed.
It was an obvious one, and the arb existed on perpetual swaps on Hyperliquid where, amazingly, you were getting PAID to lock in a profit as high as 60%+.
I didn't even trade Pump, I don't really think it's that interesting of an asset. The reality is 99.99% of tokens are totally worthless on any reasonable timeframe so just play the momentum, stop getting emotional and own only quality long term.

It’s not the funds that are the problem. If you give people free money they will take it.
It’s the project itself for giving funds preferred access at a discount to the tge creates the toxicity

Where was the preferred access? I didn't see any marketing on funds having a different valuation compared to the $4B list price for the retail round. If so, that's not great but also why does it matter? This token wasn't worth any near $4B, much less $1B.
The pumpfun team was always optimizing for derisking their business as much as possible and they pulled off one of the better exits while still owning a considerable amount of equity.
Why would any value accrue to the token? That's a question I can't possible answer but the equity owners are in great shape.