According to ChainCatcher, monitoring by HyperInsight and CoinGlass shows that PUMP briefly fell by about 8.4%, currently trading at $0.00264; FARTCOIN fell by over 13%, currently trading at $0.373. In the past hour, approximately 99% of the liquidations on the Hyperliquid platform for both coins were long positions, accounting for 97.6% and 95.5% of the total liquidations across the network, respectively.
This massive liquidation primarily originated from a whale address (0xbaa). This address was also the second-largest long position in PUMP and the largest long position in FARTCOIN on-chain. Monitoring showed that its PUMP long positions experienced two large liquidations within half an hour, totaling approximately $14.32 million, resulting in a loss of approximately $470,000. The next liquidation price is expected to be around $0.00218. Simultaneously, approximately $11.16 million of its FARTCOIN long positions were also liquidated, with the next liquidation price anticipated to be around $0.348. Currently, the whale account's total holdings have shrunk to approximately $5.86 million.
