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Whale adjusts PUMP short positions in losses

Source: CoinWorld
The address starting with 0x880ac, nicknamed "Iron Head Air Force", significantly adjusted its short position within two hours, first reducing its position by 25.024 million, then reducing its position by 13.022 million, and finally increasing its position by 2 million, with a net reduction of 35.046 million, with a net increase of about 1.0939 million US dollars. At present, the short position has not achieved a loss of approximately US$23.717 million, and the closing price is approximately US$0.0077. Previously, the address frequently adjusted its PUMP short position in a single day, reducing its position 12 times, increasing its position once, and reducing its position by more than 14,000 pieces in net position, and its unrealized loss expanded from US$18.734,900 to US$23.717 million. Monitoring data shows that the giant whale has continued to short a variety of cryptocurrencies in the past month, and the top three short selling amounts are PUMP ($56.369 million), SOL ($42.269 million) and LINK ($14.622 million).
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