Machi Big Brother Sells Part of $PUMP Position, Faces $4.47 Million Loss

Trader Huang Licheng exits his entire PUMP position, incurring substantial losses, while still holding long positions in ETH and HYPE.

ETH
HYPE

Summary

Trader Huang Licheng has fully closed his long position in $PUMP, realizing a loss of $7.76 million, and sold all $PUMP in the spot market, incurring an additional loss of $2.18 million. He currently holds long positions in ETH and HYPE, facing a floating loss of $13.5 million, reducing his total profit from $26 million to $3.8 million.

Terms & Concepts