Machi books $827,000 profit, opens new 10x PUMP long

Sep 30, 2026 00:47 (24d ago)

Machi closed a PUMP long position and opened another leveraged long trade.
$827,000 was recorded as profit from the closed position nine hours earlier.
900 million PUMP tokens worth $5.26 million backed the new 10x position.

Machi, identified as Huang Licheng, closed a PUMP long position nine hours before the report and made $827,000. He then opened a new long position in 900 million PUMP tokens, worth $5.26 million, using 10x leverage. A leveraged long position (a bet on rising prices using borrowed exposure) magnifies both potential gains and losses.