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0xSun: PUMP public sale invested 1.5 million USD and completed 1 million USD trap at the price level of 0.0054 USD
Odaily News KOL 0xSun (@0xSunNFT) posted on the X platform stating that he originally planned to invest 2 million USD in PUMP token trading, ultimately investing 1.5 million USD and completing a 1 million USD hedge at a price of 0.0054 USD. Furthermore, if the contract price breaks through 0.008 USD, he will add a short order, and if the contract experiences a negative rate and is relatively high, he will close the position early. If everything goes smoothly with the arbitrage, based on a 35% rise, the profit margin for 1x margin is 17.5%, and even leaving 4x margin still yields a profit margin of 7%.