PUMP fell below the private placement price, some whales still made a profit, and the Maji Brothers lost more than $4 million in long positions

CoinRank News: According to Spot On Chain data, the price of PUMP tokens has fallen below the private placement price of $0.004, and the movements of whale funds are as follows: Among the 10,145 pre-sale buyers, 12.7% still hold, 31.6% have sold on DEX, only 2.7% continue to increase their positions, and 53% transfer tokens to new wallets or CEX. PUMP Top Fund 1 purchased 25 billion PUMPs for $100 million, deposited 17.1 billion (about $89.5 million) in CEX, and still holds 7.99 billion, with an estimated profit of $19 million (+19%); PUMP Top Fund 2 purchased 12.5 billion PUMPs for $50 million, all of which have now been deposited in CEX, with an estimated profit of $21.4 million (+43%). In terms of large holdings, the addresses 8UHpWB and 9Ucygi each purchased 20 billion PUMPs for $80 million, with a current floating loss of $6.19 million (-7.7%); the address 2WHL4X purchased 10 billion PUMPs for $40 million, with a floating loss of $3.1 million (-7.7%). In addition, Machi Big Brother currently holds a 5x leveraged long position of 355 million PUMPs, with a floating loss of approximately $4.06 million; the Pump.fun fee account repurchased 3.34 billion PUMPs (approximately $19.81 million) at an average price of $0.00594 in the past week, and currently still holds 1.25 million SOLs (worth $253.8 million).