Pump.fun whale bets $6M on PUMP – Can liquidity fuel a breakout?

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A whale opened a $6 million long position with 10x leverage on 1.94 billion PUMP tokens, generating approximately $246,000 in unrealized profit. PUMP surged 8.51% in 24 hours to trade near $0.003017, with the liquidation price set at $0.002852. A $739,560 spot outflow reduced immediately available supply on exchanges, reinforcing the whale’s bullish positioning. The price maintains an ascending channel with resistance at $0.003128 and support at $0.002656, while the RSI at 67.66 indicates strong buying territory without being overbought.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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