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On-chain data monitoring shows that about two hours ago, a trader made a major move—opening 10x leveraged long positions on both FARTCOIN and PUMP. The scale of this operation is quite significant.
On the FARTCOIN side, the trader's position reached 19.75 million, which is approximately $7.76 million based on the current valuation. The PUMP side was even more aggressive, directly投入了200 million tokens, with a dollar equivalent of around $4.77 million.
The combined valuation of the holdings in both tokens exceeds $12.5 million. In the world of leveraged trading, such a single bet of this size is definitely eye-catching. Especially considering these two relatively active markets, 10x leverage indicates the trader's strong bullish confidence on the future market, but the risk factor is also maximized accordingly.