0xSun: PUMP public sale invested $1.5 million and completed $1 million hedging at $0.0054
By: odaily.com|2025/07/12 15:36:39
Odaily News Crypto KOL 0xSun (@0xSunNFT) posted on the X platform that he originally planned to invest $2 million to participate in the PUMP token transaction, but eventually invested $1.5 million and completed a $1 million hedge at $0.0054. In addition, if the contract price exceeds $0.008, additional short orders will be added, and if the contract has a negative rate and is high, the position will be closed in advance. If nothing happens and the arbitrage is successfully completed, based on a 35% increase, the profit rate of 1x margin is 17.5%, and even if 4x margin is left, there is still a 7% profit rate.
A whale prepared 40 million USDC to participate in the PUMP public sale, but only received 5.15 million USDC
pump.fun sold 12.5% of its tokens in this public sale, which is different from the previously announced 15% allocation.
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