PANews reported on September 16 that according to Lookonchain monitoring, the giant whale AA21BS successfully converted a loss of US$3.4 million on PUMP into a profit of US$3.86 million thanks to the recent rising market.
The address initially spent 1 million USDC to purchase 250 million PUMPs during the public sale phase, and then added $5.16 million to purchase 962.38 million PUMPs at an average price of $0.005363.
In the past 5 days, the address sold 1 billion PUMP (worth $8.25 million) at an average price of $0.008225, and currently still holds 208.83 million PUMP (worth $1.77 million).
The total profit has now reached $3.86 million, but the address previously lost $3.4 million during the PUMP drop.
