The "Ironhead Short Whale" continues to reduce holdings of PUMP, with unrealized losses exceeding $26.38 million.
BlockBeats News, on September 12, according to HyperInsight monitoring, the "Iron-headed Short Seller" address starting with 0x880ac continued to reduce its maximum short position on PUMP, further decreasing by 17.738 million tokens; over the past 6 hours, a total of 73.387 million tokens have been reduced. The current position is approximately $57.57 million, with an unrealized loss exceeding $26.38 million, and a liquidation price of about $0.0079. Monitoring shows that this address has recently been taking concentrated high-leverage short positions and making frequent minor adjustments in the short term. As of 15:00 today (GMT+8), it has adjusted its PUMP position 13 times, mostly reducing holdings.
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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