Large PUMP Holder Takes $1.5M Profit as Market Moves Into Consolidation
The post Large PUMP Holder Takes $1.5M Profit as Market Moves Into Consolidation appeared on BitcoinEthereumNews.com. PUMP whale takes $1.5M profit, exits longs as market enters consolidation and traders watch for next move. ParallelAiRev, a large holder of Pump.fun (PUMP) has closed all long positions after securing over $1.5 million in profit. The trading activity over the last month showed a strategy focused on entering during bullish momentum and closing positions before reversals. The move comes after several strong price volatility in recent weeks. Whale Trader Exits PUMP Positions Lookonchain reported that ParallelAiRev was the most profitable $PUMP trader on Hyperliquid’s 30-day leaderboard. Over the past month, the trader managed a series of long positions that generated more than $1.5 million in gains. The exit occurred after the price reached a local peak, locking in returns before the market slowed. Whale investor @ParallelAiRev just closed all his $PUMP longs, taking profits at highs. Over the past month, he has made a total profit of over $1.5M, becoming the most profitable $PUMP trader on Hyperliquid’s 30-day leaderboard.https://t.co/qpdFcdbuUr pic.twitter.com/lh8O3lpfGS — Lookonchain (@lookonchain) August 11, 2025 The trader’s strategy appeared to involve entering during price surges and exiting when momentum started to weaken. Hyperliquid’s leaderboard data shows no other trader matched the profit level achieved during this period. Market participants are now watching to see if other large holders follow a similar approach. Market Reaction and Current Price Action Following the exit, PUMP’s price has moved into a phase of sideways trading. On August 11, the token was recorded at $0.00318, with reduced volatility compared to earlier in the month. Trading volumes also showed a decline, suggesting fewer large directional moves. Several market commentators noted that consolidation phases can last for extended periods before the next large price movement. Moreover, Crypto Tony, a crypto analyst highlighted that they are looking for new entry points in the coming days.…
The post Large PUMP Holder Takes $1.5M Profit as Market Moves Into Consolidation appeared on BitcoinEthereumNews.com.
PUMP whale takes $1.5M profit, exits longs as market enters consolidation and traders watch for next move. ParallelAiRev, a large holder of Pump.fun (PUMP) has closed all long positions after securing over $1.5 million in profit. The trading activity over the last month showed a strategy focused on entering during bullish momentum and closing positions before reversals. The move comes after several strong price volatility in recent weeks. Whale Trader Exits PUMP Positions Lookonchain reported that ParallelAiRev was the most profitable $PUMP trader on Hyperliquid’s 30-day leaderboard. Over the past month, the trader managed a series of long positions that generated more than $1.5 million in gains. The exit occurred after the price reached a local peak, locking in returns before the market slowed. Whale investor @ParallelAiRev just closed all his $PUMP longs, taking profits at highs. Over the past month, he has made a total profit of over $1.5M, becoming the most profitable $PUMP trader on Hyperliquid’s 30-day leaderboard.https://t.co/qpdFcdbuUr pic.twitter.com/lh8O3lpfGS — Lookonchain (@lookonchain) August 11, 2025 The trader’s strategy appeared to involve entering during price surges and exiting when momentum started to weaken. Hyperliquid’s leaderboard data shows no other trader matched the profit level achieved during this period. Market participants are now watching to see if other large holders follow a similar approach. Market Reaction and Current Price Action Following the exit, PUMP’s price has moved into a phase of sideways trading. On August 11, the token was recorded at $0.00318, with reduced volatility compared to earlier in the month. Trading volumes also showed a decline, suggesting fewer large directional moves. Several market commentators noted that consolidation phases can last for extended periods before the next large price movement. Moreover, Crypto Tony, a crypto analyst highlighted that they are looking for new entry points in the coming days.…
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