Data: PUMP ranks first in the entire network liquidation in the past hour, as the second on-chain PUMP long list was liquidated for 14.3 million dollars

According to monitoring by HyperInsight and CoinGlass, PUMP has temporarily dropped by about 8.4%, currently priced at $0.00264; FARTCOIN has fallen over 13%, currently priced at $0.373. In the past hour, approximately 99% of the liquidation orders for both on the Hyperliquid platform were long positions, accounting for 97.6% and 95.5% of the total liquidation scale for these cryptocurrencies, respectively.

This large-scale liquidation is primarily attributed to a whale address (0xbaa). This address is simultaneously the second largest long position holder for PUMP on-chain and the largest long position holder for FARTCOIN. Monitoring shows that its PUMP long positions faced two large liquidations within half an hour, totaling approximately $14.32 million, with a loss of about $470,000, and the next liquidation price is around $0.00218; FARTCOIN long positions were also liquidated for about $11.16 million, with the next liquidation price expected to be around $0.348. Currently, the total holding scale of this whale account has been reduced to approximately $5.86 million.