Whale Trap Record: PUMP and FARTCOIN Dual-Currency Liquidation Wave, $14.32M Long Positions Cleared

【Blockchain Rhythm】Hyperliquid Performs a Spectacle. On January 15th, PUMP and FARTCOIN experienced a rapid decline— the former dropped approximately 8.4% in a short period, with the current price falling to $0.00264; the latter declined over 13%, with the current price reaching $0.373. The chain reaction triggered by this decline was significant, with both tokens’ liquidation orders in the past hour showing long positions accounting for nearly 99%, corresponding to 97.6% and 95.5% of the total liquidation volume across the network, respectively.

The “big whales” have finally flipped. A whale address marked as 0xbaa is now at the center of attention—it is the second-largest long position on the PUMP chain and also the largest long on FARTCOIN. Monitoring data shows that this whale’s PUMP long positions were continuously liquidated within just half an hour, with two large liquidation events totaling approximately $14.32 million, and an unrealized loss of about $470,000. Even more concerning, the next liquidation price could be triggered if the price drops to just $0.00218.

FARTCOIN isn’t doing much better; the same address’s long positions were liquidated for about $11.16 million, with the liquidation price estimated around $0.348. After this series of operations, the whale’s total holdings shrank from previous levels to about $5.86 million. In the face of market volatility, even the biggest fish must be cautious.