From Liquidation to Relocation
On July 29, the wallet known for aggressive trades dumped all 22.4M $VINE, exiting with a loss of 474 $SOL (≈$86K). Despite $VINE surging +152% recently, the whale couldn’t ride the upside — possibly due to market timing, thin liquidity, or price volatility.
Source: Onchain Lens
They swiftly moved the remaining 16,606 SOL ≈$3.19M) into #Binance seemingly signaling a full stop… but the next move flipped the narrative.
Reentry: A $3.16M Leap into $PUMP
Just hours later, the same whale made a comeback, withdrawing 17,542 SOL from Binance and allocating the entire bag into 1.06B $PUMP tokens.
Source: Onchain Lens
At just $0.0217, PUMP is still flying under the radar. The wallet made over 15 separate transactions, showing clear conviction. Each swap averaged between $180K and $195K. This isn’t a random punt — it’s a coordinated re-entry into speculative territory.
What This Tells the Market
While many would cool off after a six-figure hit, this trader doubled down. This behavior aligns with a growing whale trend identified by Whale Alert: heavy loss exits, followed by immediate high-risk reallocation.
The move also speaks volumes about sentiment: even after losses, big players are chasing upside in microcaps like PUMP. This pivot could suggest that whales believe the risk-reward setup is better now than it was before.
If PUMP sees momentum or listing traction, this could be the entry others look back on.
#VINE #Solana #WhiteHouseDigitalAssetReport #FOMCMeeting #EthereumTurns10
