"The Iron Hands Army" Whale Continues to Reduce Holdings in PUMP, Unrealized Loss Now Exceeds $26.38 Million

BlockBeats News, September 12th, according to HyperInsight monitoring, the "Iron Head Air Force" address starting with 0x880ac continued to reduce its PUMP maximum short position, further reducing by 17.738 million tokens; a total reduction of 73.387 million tokens in the past 6 hours. The current position is approximately $57.57 million, with an unrealized loss of over $26.38 million, and a liquidation price of about $0.0079. Monitoring shows that this address has recently been heavily shorting at high leverage and making frequent short-term adjustments. As of today at 15:00 (Beijing time), it has adjusted its PUMP position 13 times, mostly through reductions.