New Wallet Bets $4M Against PUMP Before Token Launch!
📌 A brand new wallet just deposited $4 million USDC on Hyperliquid and used it to short the PUMP token—just before PUMP’s public sale. That means the wallet is betting the price will fall, not rise.
🧐 What’s Interesting?
The wallet is completely new, with no links to any known investor or fund.
This move is unusual because most people use USDC to buy, not short.
The trade used 1x leverage, so it's not about high risk—but it’s a big amount!
📉 Why It Matters:
PUMP’s price could become very volatile during the sale.
Traders think this short position might be liquidity planning—a way to prepare for big moves either way.
So far, no official response from PUMP or Hyperliquid teams.
It's sparking a lot of speculation in the crypto community!
🔍 Analysts Watching:
On-chain tools like Onchain Lens are tracking this closely.
Some compare this to past strategic trades on Hyperliquid.
💬 Community says: “Big money moves like this often mean something big is coming.”
Stay tuned — things could get interesting once the public sale goes live!