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Pump.fun (PUMP) drops 4.23% in one hour despite 24-hour gains, with $50K long liquidations on major exchanges

Market News
04 Nov 2026, 19:26 WIB
Tokenpost
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Bearish
Pump.fun (PUMP) drops 4.23% in one hour despite 24-hour gains, with $50K long liquidations on major exchanges

Pump.fun (PUMP) saw its price fall 4.23% within one hour to $0.004301 on November 4, despite a 1.41% gain over the past 24 hours. The drop was observed on Binance's spot market, where $50,000 worth of long positions were liquidated across Binance, Bybit, and OKX during the same hour. No short liquidations were recorded. PUMP maintains a market cap of about $2.018 billion and ranks 47th in the market. This short-term volatility highlights active trading and liquidation events on major exchanges.

As of Nov 05, 2026 00:41 WIB, Pump.fun (PUMP) trades at Rp78 on Pluang, showing a 1.24% gain over the past day. The platform records a market cap of Rp37.32 trillion and a 24-hour trading volume of Rp3.43 trillion. Notably, 62% of Pluang orders are sell orders, with a typical holding period of 28 days, indicating active trading behavior among users.

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