A private placement investor missed the best time to sell PUMP due to mistakenly recharging it to Binance, and is expected to lose $6 million

PANews reported on July 24 that according to Lookonchain monitoring, a PUMP private equity investor "PUMP Top Fund 2" mistakenly recharged 2 billion PUMPs to Binance 8 days ago, when the price of PUMP was $0.0064. Since Binance did not launch PUMP spot trading, the 2 billion PUMPs (worth $6.93 million today) were likely returned to him 23 hours ago. He immediately transferred the 2 billion PUMPs to Bybit after receiving them. This operational error caused him to miss the best time to sell, and if he chose to sell now, he might have lost about $6 million.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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