PUMP Investor’s 5x Leverage Trade Incurs $5.8M Loss Amid Crypto Downturn
A prominent investor known as “Big Brother Pump,” Huang Licheng, has faced mounting scrutiny for maintaining a leveraged long position in the cryptocurrency PUMP, which has accumulated an unrealized loss exceeding $5.8 million as of July 24, 2025 [1]. The trade, executed with 5x leverage and a total position value of $12.12 million, remains open despite a sustained decline in PUMP’s price. The exposure underscores the risks inherent in trading low-cap, speculative assets, which are frequently associated with memecoins and pump-and-dump dynamics [1].
The decision to hold the position amid a prolonged bearish trend has sparked debate within crypto circles. PUMP, a token often criticized for its lack of intrinsic value and reliance…
