PUMP Investor Loses $6 Million By Choosing Binance Over Bybit

Investor Loses $6 Million Crypto Profit After One Mistake

According to blockchain analytics firm LookOnChain, the entity, identified as “PUMP Top Fund 2,” deposited 2 billion tokens—then valued at $12.79 million—into Binance just eight days ago, anticipating a spot listing that never materialized. With no listing available, Binance returned the tokens nearly a day later. The investor then transferred the entire stash to Bybit. However, in the time between deposit and transfer, PUMP’s price dropped by 4…

PUMP Investor Loses $6 Million By Choosing Binance Over Bybit

Key Insights: The “PUMP Top Fund 2” investor deposited 2 billion tokens on Binance, even when the exchange didn’t list it. The investor eventually moved the funds to Bybit, but by then PUMP had crashed 50% from its $0.0064 high, leading to $6.79 million in profit loss. Despite unrealized losses exceeding $5.8 million, whale investor Machi Big Brother continues to add to his PUMP long positions. A private sale investor in PUMP token has reported…