According to data from on-chain analytics platform Lookonchain, a whale continues to sell off significant profits from its PUMP investments.
The investor in question spent $10 million to acquire 2.5 billion PUMP tokens and is now selling. The address that deposited 250 million PUMP ($1.53 million) to Binance eight hours ago still holds 2.25 billion PUMP ($13.6 million). The investor's total profit exceeds $5 million.
Alongside the sell-off in PUMP, whale sales in the HYPE token are attracting attention.
- 0x746b sold 188,861 HYPE ($10.58 million) in the last 4 hours at an average of $56.01.
- 0x7be1 has sold 175,000 HYPE ($9.75 million) at an average price of $55.72 in the last 4 days.
- 0x0e41 sold 113,310 HYPE ($6.32 million) in the last 3 days at an average price of $55.74.
- 0xe867 sold 50,000 HYPE ($2.77 million) at an average price of $55.53 in the last 20 hours.
Whale sales continue on the Ethereum side. Address 0xdE03 realized a profit by selling 25,755 ETH ($117 million) six hours ago. Over the past three years, this address had withdrawn and staked 44,661 ETH ($107.7 million) from exchanges at an average price of $2,411, and then deposited 45,132 ETH ($165.5 million) to Binance at an average price of $3,668. The address still holds 3,362 ETH ($15.2 million), bringing its total profit to approximately $73 million.
*This is not investment advice.
