TRADER ACCIDENTALLY BURNS AIRDROP OF PUMP.FUN: LOSS OF $75,000
A Solana trader accidentally burned $75,000 in PUMP tokens during a wallet cleanup, swapping the valuable tokens for "junk." The incident occurred when he used a tool to clean unwanted airdrops, mistakenly including the valuable PUMP tokens among those to be removed.
The transaction, documented on Solscan, permanently removed the tokens from circulation with no possibility of recovery. Wallet cleaning tools often target unverified or low-value airdrops, likely misidentifying PUMP tokens as useless.
The case has triggered mixed reactions in the crypto community. Some users expressed sympathy, while others highlighted the risks of automated cleaning tools. The episode underscores the importance of manual verification before removing tokens from a wallet.
Ironically, the accidental "burn" could be bullish for PUMP, reducing the total supply and potentially increasing the token's scarcity in the market..
