A trader went long on PUMP and made a profit of over $1.5 million, starting to take profits as the price broke through $0.007.

BlockBeats News, July 13th, according to LookIntoChain monitoring, a trader has made a profit of over $1.5 million by longing PUMP. Trader 0x6b78 opened a 3x leveraged long position on PUMP a day ago and started taking profits when the price broke through $0.007.

So far, the trader has closed 70.55 million PUMP tokens (worth $503,000), with a profit of $122,000. The trader still holds a long position of 1.39 billion PUMP tokens (worth $8.9 million), with an unrealized gain of $1.39 million.