The "Ironhead Bear" whale continues to reduce PUMP short positions, with a total account position of approximately $137 million.
BlockBeats News, on September 16, according to monitoring by HyperInsight, the address starting with 0x880ac adjusted its largest PUMP short position twice within two hours: first increasing the position by 2.72 million tokens, then reducing it to 1.45 million tokens, resulting in a net reduction of 1.27 million tokens. Its PUMP short position is approximately $71.47 million; with an unrealized loss of about $11.33 million; liquidation price is around $0.012; and the total account position is about $137 million.
Monitoring shows that this address has recently been focusing on shorting with about 5× leverage and frequently making minor adjustments, mostly reducing positions; as of 12:00 today (UTC+8), there have been 18 adjustments to the PUMP position today, mostly reductions. According to further monitoring, the current top three short positions are: PUMP at approximately $71.47 million; SOL at about $43.26 million; and LINK at about $13.62 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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