PUMP Tops All Networks in Last Hour Liquidations, $14.3M Longs Liquidated on Chain's PUMP Leaderboard II
BlockBeats News, January 15th, according to HyperInsight and CoinGlass monitoring, PUMP experienced a short-term drop of about 8.4%, currently trading at $0.00264; FARTCOIN plummeted over 13%, currently trading at $0.373. In the past hour, about 99% of the liquidation orders on the Hyperliquid platform for both were long positions, accounting for 97.6% and 95.5% of the coin's total liquidation volume, respectively.
This large-scale liquidation was mainly caused by a whale address (0xbaa). This address is the second largest long on-chain for PUMP and the largest long for FARTCOIN. Monitoring shows that its PUMP longs suffered two consecutive large liquidations within half an hour, totaling about $14.32 million, with a loss of about $470,000, and the next liquidation price is around $0.00218; FARTCOIN longs were also liquidated simultaneously for about $11.16 million, with the next liquidation price expected to be around $0.348. Currently, the total holdings of this whale account have been reduced to around $5.86 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Litecoin Hits 8-Month High as ETF Holdings Set Record — Can Bulls Clear $75?
BH Macro corrects disclosure on Aug. 7 buyback of 5,454 sterling shares at GBP 4.19
The Ultra-Rich Fear Inflation Now. What Are They Buying?
U.S. consumer confidence drops to a four-month low in September, short-term inflation expectations rise to 4.6%
As rising energy prices further exacerbate concerns about the cost of living for American households, U.S. consumer confidence continued to deteriorate in September, falling to its lowest level in four months.
Crypto prices
More
