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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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Event ends: August 9, 16:00 UTC
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Major Whale Makes $3.4M Profit from PUMP Token Trading
Gate News bot message, A notable whale trader identified as 8a5nSU executed a significant PUMP token trade operation. The trader initially invested 5M USDC across five different wallets to participate in the PUMP public sale, acquiring 1.25B PUMP tokens.
After holding the position for five hours, the whale completed a full exit, selling the entire PUMP token holding at an average price of $0.0067. The sale generated 8.416M USDC, resulting in a net profit of $3.416M, representing a 68% return on the initial investment.