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Pump.fun sees $8.3M in long liquidations – Can PUMP defend $0.005?

Here's why PUMP dropped to a low of $0.0050.
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Two crypto whales collected 572.56 million PUMP tokens, worth approximately $3.6 million; PUMP surged 18% in 24 hours, trading around $0.006426.

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🚨 PUMP purchases by two large wallets reached $3.6 million. 📈 $PUMP rose approximately 18% in the last 24 hours, and futures trading volume exceeded $1.04 billion. 💥 $3.14 million worth of positions were liquidated in the last day, with 78% of this being short positions. 🧭 The token, which has risen by over 235% since the beginning of 2026, has reached a market capitalization of $3 billion. Read More: Whale purchases in PUMP reach $3.6 milli…

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DiarioBitcoin broke the news on Friday, October 2, 2026.
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