PUMP Token Whale Transfers 3.806 Billion PUMP to FalconX for Sale, Incurs $12M Loss (≈62%)

As of December 23, Lookonchain‘s on-chain monitoring tracks a notable activity by the whale address 3QB9kH, which accumulated 3.806 billion PUMP tokens from Binance between September 12 and November 4. The total value of the stake stood at about $19.53 million, with an average entry price around $0.00513 per token.

Three days later, the same holder moved the entire 3.806 billion PUMP position (roughly $7.3 million at the time) to FalconX for liquidation, a relocation that culminated in a realized loss exceeding $12 million, or about 62% of the initial value.