A crypto whale has fully exited a 10-month PUMP position at a loss, according to on-chain analyst EmberCN. The investor bought 518 million PUMP for $2 million last October at an average price of $0.00386 per token, then sold the entire holding about an hour before the report at $0.00274 each. The sale returned roughly $1.42 million in SOL, leaving a loss of $580,000, or 29%. The trade highlights how large holders can remain underwater for extended periods in volatile token markets before rotating back into more liquid assets such as SOL.