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PUMP Token Price Crashes as Two Investors Exit With Millions
PUMP Token Price Crashes as Two Investors Exit With Millions
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BTCCSquare news:
Two major investors have liquidated their positions in PUMP token, extracting $39.65 million in proceeds. The sell-off triggered a sharp price decline, underscoring the volatility risks in low-float meme coins.
Both addresses participated in the project's private placement round, highlighting how early backers can disproportionately impact token economics. Market observers note such events often create buying opportunities once sell pressure subsides.
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