Whale Woes: How a Misstep Cost a Poor Investor $6M in PUMP Chaos! 😂💔

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Ah, the fleeting nature of fortune! Or should we say misfortune?

  • A hapless investor, caught in the throes of ambition, lost a staggering $6 million after flinging tokens to Binance, like a squirrel throwing acorns before winter’s chill!
  • Two wallets, akin to overzealous gamblers at a card table, found themselves exiting the scene with pockets far lighter, hastening the descent of PUMP’s already plummeting price.
  • A class-action lawsuit is now knocking at the doors of Pump.fun—like a persistent salesman—claiming they ran a digital casino, tricking unsuspecting patrons while pocketing billions.

The $6M Fiasco: Timing Is Everything (or Not)

Once upon a recent time, a hefty holder by the name of “PUMP Top Fund 2” decided to stir the pot, transferring 2 billion tokens worth a princely sum of $12.79 million to Binance, presumably with visions of grandeur dancing in their head. Alas! Binance had forgotten to list PUMP, like a forgotten potato at the bottom of a grocery bag. Upon the return of the tokens—much like a boomerang—our poor investor rushed them to Bybit, only to discover, in despairing horror, that their worth had dwindled to a mere $6.93 million. What a tragic tale of woe!

Had they sold at the peak, they could have basked in the glow of victory, instead, they merely sat in the dark, nursing a loss nearing $6 million, pondering where it all went astray.

Ah, the sweet nectar of regret: Private sale investor “PUMP Top Fund 2” dabbled in the grand game, depositing 2B $PUMP ($12.79M at the time) into Binance, when the price was a cup of tea at $0.0064.

But since Binance was playing coy with the listings, the 2 billion returned like an uninvited guest.

— Lookonchain (@lookonchain) July 24, 2025

The Great Token Exodus

In a delightful twist of fate—or misfortune—two wallets tethered to the early investors decided it was time to cash out their 1.25 billion tokens, raking in only $3.81 million. The average selling price? A meager $0.00305. A true spectacle of financial finesse!

Our diligent data enthusiasts report that “Top Fund 1” and “Top Fund 2” had initially amassed tokens worth over $150 million during the presale, yet they now find most of their bounty vanishing into exchanges, leaving one wallet clutching a sad $29.5 million.

Litigation Looms, Tokens Tumble

As the clock ticked, the price of PUMP plummeted nearly 20% in just 24 hours, settling at a disheartening $0.003041. With trading volumes reaching a staggering $933 million, the market reacted like a cat startled by a cucumber when the founder declared there would be no airdrop. Holders, expectant for reward, unleashed their tokens into the ether.

Our beloved PUMP is now down over 44% in a week, having once flirted with glory at an all-time high of $0.0068 on July 16, only to crumble like a house of cards.

But wait! The saga thickens. Pump.fun is now entangled in legal mischief, with a class-action complaint in New York, accusing the platform of operating like a digital casino. Yes, the very same place where dreams are spun, and fortunes are lost!

The crafty complaint identifies the enigmatic founder “Bernie,” and their merry band of accomplices, leaving an unyielding trail of deception while pocketing billions under the guise of sportsmanship. Such is the nature of the digital dance!

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2025-07-24 14:09