Data: PUMP fell over 16% in 24 hours, a certain whale sold 1.264 billion tokens in one transaction

According to EmberCN monitoring, PUMP has dropped 16% in the past 24 hours, and one address may be the driving force behind the decline. This address sold 1.264 billion PUMP in a single transaction on-chain about 7 hours ago, exchanging it for 5.483 million USDC, with an average transaction price of approximately $0.0043.

Due to the large one-time sell-off, this transaction incurred about 5% slippage loss. Ember estimates that if the order had been split into multiple transactions, it could theoretically have cashed out about $5.78 million; this direct sale only obtained $5.48 million, resulting in a loss of about $300,000.