Binance Sees $42.69 Million Total Position Value in PUMP with Large Holder Long-Short Ratio at 1.11

As of July 12, market data reveals that the total position value of PUMP on Binance surged to $42.69 million. This figure underscores significant trading activity within this crypto asset. Analyzing the position volume metrics, the long-short ratio among major holders stands at 1.11, indicating a slight predominance of long positions over shorts. Such a ratio reflects a cautiously optimistic sentiment from institutional and large-scale traders, providing insights into market positioning and potential price dynamics. These statistics are crucial for investors seeking to understand the current risk exposure and market confidence surrounding PUMP on one of the leading cryptocurrency exchanges.