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Notable Crypto Trader Machi Big Brother Records $8.18M Loss on PUMP Token Positions
Gate News bot message, Crypto trader Machi Big Brother (@machibigbrother) has sustained significant losses totaling $8.18M on PUMP token investments. The losses comprise $6.32M from a 5x leveraged long position and $1.86M (-50%) from a 600M PUMP spot holding valued at $1.85M. The trader has maintained an active trading stance, with a new long position opened within the past two hours.
According to Spot On Chain's data, PUMP's price has declined below its private sale level of $0.004. Analysis of the 10,145 presale participants reveals that 12.7% maintained their holdings, 31.6% sold on centralized exchanges, 2.7% increased their positions, and 53% transferred tokens to different wallets.