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A whale bought $2.3 million worth of the asset PUMP and established a short position to hedge

BlockBeatsJul 15, 2025

On July 15th, according to OnchainLens monitoring, a whale deposited 5.000 million $USDC into HyperLiquid, spent 2.300 million $USDC to purchase 423.000 million $PUMP, and opened a 5x leveraged short position on $PUMP worth 2.430 million $USDC for hedging. The opening price was $0.00543, and the liquidation price was $0.010423.

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A whale bought $2.3 million worth of the asset PUMP and established a short position to hedge

BlockBeatsJul 15, 2025

On July 15th, according to OnchainLens monitoring, a whale deposited 5.000 million USDC into HyperLiquid, spent 2.300 million USDC to purchase 423.000 million PUMP, and opened a 5x leveraged short position on PUMP worth 2.430 million USDC for hedging. The opening price was $0.00543, and the liquidation price was $0.010423.

[BlockBeats News]
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