A large trader opened short positions totaling about $21.87 million across PUMP, Solana (SOL), and XRP on October 8 after closing a long PUMP position at a loss. The trader's short positions included 1.5 billion PUMP tokens with 5x leverage, 75,000 SOL tokens with 20x leverage, and 3 million XRP tokens also with 20x leverage. Despite some unrealized losses on SOL and XRP shorts, the PUMP short showed a small unrealized gain. The trader also sold 11,000 HYPE tokens for a significant profit and maintained long positions in HYPE and LIT tokens valued at nearly $34 million, keeping overall long exposure larger than shorts. Total account equity was about $7.76 million with combined exposure of $55.83 million, indicating leverage of approximately 7.2 times. This activity highlights the trader's strategic balancing of long and short positions in volatile crypto assets.
As of Oct 08, 2026 13:41 WIB, PUMP trades at Rp107 on Pluang, down 7.06% in the last day. Solana (SOL) is priced at Rp2,054,157 with a 3.11% decline, while XRP stands at Rp25,033, falling 4.99%. These price moves coincide with a large trader's significant short positions in these tokens, reflecting ongoing volatility in the crypto market.
Pump.fun (PUMP) token experienced a 4.61% price drop within one hour, falling to $0.00594 as of 1:21 p.m. ET on October 8. This decline extended its 24-hour loss to 6.56%, with the token trading at $0.006227 an hour earlier on Binance's spot market. ...
Pump.fun (PUMP) token fell 4.37% in one hour to $0.006086 on Oct. 7, continuing a 1.27% decline over 24 hours. The token, ranked 41st by market cap at about $2.95 billion, saw $60,000 in long liquidations across Binance, Bybit, and OKX, while no shor...
Pump.fun (PUMP) token fell 7.10% within four hours to $0.00606, extending its 24-hour decline to nearly 5%. The price drop was accompanied by $150,000 in long liquidations and $20,000 in short liquidations across major exchanges Binance, Bybit, and O...
Pump.fun (PUMP) token increased by 4.11% within one hour to $0.006311 as of 11:08 p.m. ET Tuesday, after trading at $0.006062 an hour earlier. Despite this short-term gain, the token was down 0.68% over the past 24 hours. Pump.fun holds the 42nd posi...
Pump.fun earned $55.5 million in 30 days, surpassing Hyperliquid's $54.34 million, driven by increased trading on its Solana launchpad. The surge in trading volume, rising from $5 million to over $40 million daily, boosts Pump.fun's revenue from toke...
